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Copper: prices hit new 11-month high with global rate policy in focus
Copper touched a new 11-month high in London, following the rally in US equity markets at the start of a busy week for global central bank policy. Prices rose as high as $9,164.50 a tonne on the London Metal Exchange, recovering earlier losses after mixed economic...
Copper: US to improve mine licensing process
According to the CEO of copper giant Freeport-McMoRan, the US will need to improve its mine permitting process if it is to increase domestic supplies of critical minerals to fuel the transition to green energy. "The US government needs to stop talking about...
Steel: prices in Europe fall due to economic problems
Hot-rolled coil (HRC) prices in northern and southern Europe have continued to fall in recent weeks due to the European economic slowdown and overcapacity. Concerns are mainly centred on Germany. The German economy is the largest in the European Union (EU), but the...
China launches consultation for the registration of aluminium smelters in the carbon compliance market
The Chinese government has opened consultations for accounting, reporting and emission verification guidelines for aluminium smelters, paving the way for another industry to be enrolled in the national compliance carbon trading system. China has the largest ETS in the...