Crude steel: world production falls year-on-year
World crude steel production for the 63 countries belonging to the World Steel Association was 149.3 mln tons (Mt) in September 2023, down 1.5% from September 2022. Crude steel production by region Africa produced 1.3 Mt in September 2023, down 4.1% from September...
Aluminium: Exlabesa strengthens global presence with the acquisition of Flandria Aluminium in France
Exlabesa has officially completed the acquisition of Flandria Aluminium, a French company specialising in the extrusion, processing, surface treatment and recycling of aluminium profiles. The deal, which successfully passed the necessary legal scrutiny by the relevant...
Copper: Shanghai quotations rise to two-week highs on positive demand outlook
Copper prices in Shanghai rose to two-week highs on Wednesday, buoyed by an improved demand outlook after major consumer China decided to launch new stimulus measures to support the economy. The most-traded December copper contract on the Shanghai Futures Exchange...
Copper and cobalt: ERG invests USD 800 million to revitalise Congo mine
The Democratic Republic of Congo (DRC), with the largest cobalt reserves in the world and the seventh largest copper deposit, is the mining world's benchmark. The Democratic Republic of Congo (DRC) plays a pivotal role in the world's transition to renewable energy and...
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