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Copper: new talks between Panama and First Quantum offer hope for deal
Panamanian officials and the operator of a giant copper mine have returned to the negotiating table after a break of more than a week. Both sides said they wanted to reach an agreement on tax payments and to avoid closure of the plant. Vancouver-based First Quantum...
Steelmaking: Chinese profits down 94 percent
In the January-November period this year, of the 41 industrial sectors in China, 20 saw year-on-year increases in gross profit, while 21 saw decreases in gross profit, as announced by China's National Bureau of Statistics (NBS). During this period, the ferrous metal...
Steel: Chinese production diverges by product
In January-November this year, China produced 171.16 million tons of hot-rolled coils (HRC), a figure up 4.8% from the previous year. During the same period, China's production of cold rolled coils (CRC) amounted to 38.701 million tons, down 4.3% year-on-year. In...
Steel: war and energy crisis lower its consumption forecasts
Given the impact of the war in Ukraine, supply chain problems and rising energy and commodity prices, along with very high inflationary pressures, the forecast for EU GDP in 2022 has been lowered recently. However, thanks to positive developments in the first half of...