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Metallurgical coal: US producers expand production and investment
Metallurgical coal producers are seeking favourable prices in a tight market and are pushing ahead with plans to develop and start up relatively new mining projects in the US. Several US companies have focused more on metallurgical grade coal, used in the steelmaking...
Tin: China’s supply shrinks steadily
China's tin supply suffered another blow after a key mining region in neighbouring Myanmar raised taxes on exports. The state of Wa, an autonomous area of Myanmar controlled by an armed ethnic group, imposed a 30% in-kind tax on all tin concentrate exports as of 7...
White House plans new sanctions against Russia
US President Joe Biden said on Friday the US plans to unveil a package of 'major' sanctions against Moscow, although he did not specify which industries would be affected. His comments fuelled speculation that Russia's huge metal industries could be in line for...
EU cuts economic growth forecast for 2024, inflation remains under pressure
According to the European Commission's winter economic forecast for 2024, economic growth expectations for this year have been reduced compared to the autumn report and inflation has been revised downwards. For 2023, GDP growth forecasts for the EU and the euro area...