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Copper: Peru’s production in November increased by 10.9% year-on-year
Copper production in Peru rose 10.9% in November from the previous month to 253,582 tonnes, the Andean nation's mining ministry said on Friday. Peru is the world's second-largest copper producer, after neighbouring Chile. The increase in Peruvian production in the...
HRC steel: prices rebound 2.70 per cent from previous day’s close
Buyers of hot rolled steel coils in Europe (HRC) are still digesting the latest market offers, and although prices have risen sharply since the beginning of the year, they remain below the levels expected by producers. HRC Hot Rolled Coils - Northern Europe settled on...
ArcelorMittal restarts long steel production in Poland and Bosnia
Global steel company ArcelorMittal has restarted operations at two European plants. Earlier this month, ArcelorMittal restarted the rolling lines at its steel mill in Sosnowiec, Poland, after almost two weeks of shutdown. But the plant is operating at a reduced pace...
Coal: Russia abolished export tax based on dollar-ruble exchange rate
The Russian government announced the abolition of export taxes on thermal and coking coal based on the rouble-dollar exchange rate. The taxes, which were introduced in October last year and ranged between 4 and 7 per cent to protect the domestic market from price...