Steel: stocks of Chinese steel mills fall to 9-month lows
Stocks of the five main carbon steel products (rebar, wire rod, hot coil, cold coil, and medium plate) held by China's major steel mills continued to decline in the Oct. 27-Nov. 2 period, falling for the second consecutive week by a further 3.6 percent from the...
China: increases exploration budget for gold projects
After dominating the key zinc and rare earth mining sectors, China has shifted its focus to battery metals over the past five years, developing and acquiring new lithium projects and securing supply chains for the manufacturing sector. Copper and battery metals...
Copper: Chinese imports slip in October due to falling demand
China's copper imports fell 1.5 percent in October from a year earlier due to a drop in demand caused by COVID-affected industrial activity and increased domestic production. Imports of raw copper and copper products into China, the world's largest consumer of the...
Steel: still weakness for Turkish rebar
Turkish rebar producers have further decreased their long steel quotations due to weak demand and globally competitive prices. However, even this does not seem to be helping the recovery of export sales. On Monday, export offers from Turkish steel mills mostly stood...
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