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Copper: Escondida mine workers announce strike
Workers at Chile's Escondida mine, the world's largest copper mine, have decided to strike Nov. 21 and 23 due to a lack of workplace safety. Members of the union, Sindicato 1, had threatened to strike in early September, expressing concerns about safety at the mine,...
HRC steel: EU imports from Japan and Korea could trigger investigation
Increased imports of hot-rolled steel into Europe from Japan and South Korea this year could trigger scrutiny by European authorities. The massive shift in trade flows following Russia's invasion of Ukraine in February caused an increase in imports of hot rolled...
Stainless steel: supplier stocks high with nickel rallying strongly
The movement in stainless steel prices has reacted mainly to volatility in nickel trade. Nickel has maintained historically low volume levels in recent months, while nickel prices have remained within a short-term range. In November, however, prices began to see...
Nickel: Tesla-backed mine cuts production after tailings dam leak
The troubled Goro nickel mine, one of the world's largest deposits partly owned by Trafigura Group and backed by Tesla Inc. has been forced to cut production to deal with a tailings dam leak. Goro, located in the South Pacific territory of New Caledonia, reported a...