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Arvedi AST and the Energy Crisis: The Temporary Closure of the Electric Furnace in Terni
The Italian steel sector is facing one of its toughest challenges in recent years due to soaring energy costs. Arvedi AST, one of Italy's leading steel producers, recently announced the temporary suspension of one of its two electric arc furnaces at its Terni plant, a...
Copper Prices Rebound: Economic Stimulus and Stock Data Support the Market
On Monday, LME copper prices rebounded, driven by renewed hopes of economic stimulus in China, the world's largest copper consumer, and inventory data suggesting a possible reduction in stocks. This triggered a flurry of frenzied buying, just days before the release...
Anglo American and the Sale of Nickel Mines in Brazil: A Strategic Transaction for the Future
Anglo American, one of the world's largest mining companies, announced a major initiative to reorganise its portfolio in Brazil. The multinational has hired financial advisors to manage the sale of two nickel mines located in the state of Goiás, in the heart of...
China’s Falling Iron Ore Imports in August: Impacts and Prospects
In August, China's iron ore imports fell 1.38% from July and 4.73% from the same period a year earlier, according to data released by the General Administration of Customs. China, the world's largest consumer of iron ore, imported 101.39 million tonnes of the main...