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Copper: prices stabilise around period highs amid dollar weakness and supply concerns
Copper prices remained stable, supported by the weak dollar and concerns about global commodity supply shortages. Three-month copper on the London Metal Exchange was gaining 0.49 per cent at $8,612/mt (11:00 a.m. Italian time) as trading resumed after the Christmas...
Aluminium: mixed news from China on supply, demand and production
Conflicting news about aluminium supply, demand and production continues to arrive from China. According to some reports, the slowdown in the country's economy is largely due to the ongoing real estate crisis. The drop in demand raises questions about the domestic...
Crude steel: world production up in November
World crude steel production for the 71 countries belonging to the World Steel Association was 145.5 million tonnes (Mt) in November 2023, up 3.3% from November 2022. Crude steel production by region Africa produced 1.8 Mt in November 2023, an increase of 3.1%...
Raw materials: more than 100 container ships diverted from the Suez Canal to avoid Houthi attacks
More than 100 container ships have been diverted to southern Africa to avoid the Suez Canal, reflecting the disruption of global trade caused by Houthi rebels' attacks on ships on Yemen's west coast. Shipping company Kuehne and Nagel said it has identified 103 ships...