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CBAM: Japanese industry expresses apprehension about implications of EU measures
During a recent meeting between the European Commission and Japanese industry representatives to discuss the EU's Carbon Border Adjustment Measures (CBAM) for steel and aluminium, the Japan Iron and Steel Federation (JISF) highlighted the industry's concerns. The...
Indonesia and Freeport will finalise investment and mining permits by the end of November
President Joko Widodo said discussions between Indonesia and US miner Freeport McMoran on the government's plan to increase its stake in its Indonesian unit and the extension of its mining permit should be finalised by the end of November. According to a statement...
Copper: prices supported on lower-than-expected US inflation
Copper prices are reacting on the back of new financing to stimulate the Chinese real estate market while the dollar has weakened on a lower than expected US inflation figure. This is driving interest rates and the US currency, affecting demand for dollar-priced...
Crude steel: production in China fell by 3.7 % year-on-year
In October this year, China's production of pig iron, crude steel and finished steel amounted to 69.19 million tonnes, 79.09 million tonnes and 113.71 million tonnes, respectively, down 2.8%, down 1.8% and up 3.0% year-on-year and down 3.3%, 3.7% and 3.5%...