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Copper: LME prices set to post first monthly gain since July
LME copper prices are on an upward trend again today, Thursday 30 November, on the back of the first monthly gain in four months, thanks to the weakening dollar and hopes for demand growth in the final quarter. Three-month copper on the London Metal Exchange (LME) was...
Stainless steel: market contraction weakens Italian service centres
According to the association Assofermet, economic uncertainty and slow orders are affecting the margins and volumes of Italian stainless steel service centres (SSCs). Demand continues to be sluggish, but processing costs are rising at the same time. The industry is...
Copper: strike at Las Bambas mine will end on Thursday
The workers' union at Peru's large Las Bambas copper mine, owned by China's MMG Ltd, began a two-day strike on Tuesday to demand greater profit-sharing and better transport conditions. The mine is one of Peru's largest copper producers, while the country is the...
Aluminium: Norsk Hydro aims to exploit new market opportunities in the green sector
Norsk Hydro has outlined a new roadmap for its operations and activities, focusing more on recycling and extrusions in line with the growing demand for low-carbon aluminium. By 2030, the company is determined to increase its recycling activities to pursue the...