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Copper: a rollercoaster ride first to the highs and then to the lows
It can be said that copper prices are experiencing an interesting 2023. Indeed, the market has been volatile, so there have been more than the usual ups and downs. In the middle of the year, prices fell sharply due to the collapse of the Chinese economy. However,...
HRC steel: European spread narrows to three-year low
The spread between hot-rolled steel (HRC) coil and raw material prices in Europe narrowed to the lowest in three years in September, as rebounding iron ore, coking coal and ferrous scrap costs hit a weak regional steel market and affected operating margins. The spot...
Lithium: falling prices signal concern over China’s demand outlook
Lithium prices are falling toward their lowest level in two years due to concerns about the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries. Lithium carbonate prices in China fell to 166,500 yuan ($22,814) per ton last...
Copper: Codelco reaches early agreement with union at Radomiro Tomic mine
Chilean state-owned mining group Codelco said Monday it has reached an early collective agreement with the supervisors' union at its Radomiro Tomic mine, which accounts for more than a fifth of its copper production. The company said in a statement that the agreement,...