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Closing industrial markets for holidays
The LME exchange will be closed on December 26, 27, 2022 and January 2, 2023. The Bloomberg Euro/Dollar Exchange (Bfix) will not be released on December 26, 2022 and January 2, 2023. The staff of Commodity Evolution wishes you a happy and peaceful Christmas and may...
Tantalum: Japan’s JX will produce the metal at Brazil’s Mibra mine
X Nippon Mining & Metals Corp, the metals unit of Japan's Eneos Holdings Inc, said it will join a project to produce tantalum, used in semiconductors, at Brazil's Mibra mine, marking its entry into the rare metals market. The joint venture between JX Nippon Mining...
Steel: Hungarian producer Dunaferr placed in receivership
The Hungarian integrated flat steel producer Dunaferr has gone into receivership, and the mayor of Dunaujvaros, the industrial town where the steel mill is located, has appealed to the national government to take it over. The court ordered the liquidation of Dunaferr...
Aluminum: China absorbs metal as domestic production shrinks
Chinese imports of primary aluminum jumped to a one-year high of 110,700 tons in November, a significant reversal from the recent past. The country became a net exporter in the first half of 2022, with the primary metal shipped as far as Europe and the United States...