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Steel: daily output of CISA steel mills increased by 0.51% in early January
The China Iron and Steel Association (CISA) announced that at the beginning of January (Jan. 1-10), the average daily aggregate crude steel output of China's large and medium-sized steel enterprises (all CISA members) was 1.9257 million tons, an increase of 0.51%...
Copper: prices rise on Peru’s difficulties, dollar weakness and China’s hopes
Copper prices in London rose on concern over mine supply in Peru amid low inventories of the metal, hopes for stimulus from major consumer China, and a weakening dollar. Three-month copper on the London Metal Exchange reached the target predicted by Commodity...
Alumina: Alcoa notifies its customers of force majeure framework
Global aluminum giant Alcoa has notified its alumina customers of a force majeure event, given the impact of reduced natural gas supply to its operations in Western Australia. Alcoa said on Jan. 9 that its Kwinana alumina refinery in Western Australia had reduced...
Copper: Las Bambas stops work due to safety concerns
According to local media reports, MMG Ltd's Las Bambas copper mines have halted operations due to unrest at another nearby mine site. The decision to stop work at the mine Friday was made by the company to keep workers safe from violence as roads have been blocked and...