Loading
Zinc: LME stocks fall to lowest since 1989
London Metal Exchange zinc stocks fell to their lowest level in more than three decades, but rising inventories and tepid demand from China, the metal's main consumer, are helping to dampen fears of a potential shortage. The closure of some European zinc smelters this...
Copper: Antofagasta’s 2022 production down 10 per cent
Chilean mining company Antofagasta on Wednesday reported a 10.4 per cent drop in copper production for 2022, due to lower ore quality and the drought in Chile. The London-based company said it produced 646,200 tonnes of copper last year, lower than its forecast of...
Crude steel: Italian production to fall in 2022
The year 2022 ended on a negative note for crude steel production in Italy: in December, volumes fell by 15.6% year-on-year to 1.265 million tonnes. This was announced by Federacciai, the Italian federation of steel companies. Crude steel production for 2022 stood at...
Steel rebar: Turkish rebar exports fall
According to preliminary data provided by the Turkish Institute of Statistics (TUIK), rebar exports to Turkey amounted to 271,360 tonnes in November, down 26.2% from October and down 40.5% year-on-year. Revenue generated from these exports was $182.37 million, down...