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China’s blast furnace capacity utilization has risen above 90 percent
From June 3 to June 9, the blast furnace (BF) capacity utilization rate of China's largest steel mills again surpassed 90 percent, rising for the seventh consecutive week to 90.14 percent, as some mills resumed operations or increased production due to improved steel...
Palm oil: Malaysia’s stocks up on expectations
Malaysia's palm oil stocks were better than expected at the end of May, as the monthly drop in production was less than expected. Crude palm oil production fell to 1.46 million tons in May, down 0.07 percent from April, according to the Malaysian Palm Oil Board....
Stainless steel: China’s domestic production in May was about 2.9 mln tons
Domestic stainless steel production in May was about 2.9262 million tons, up 28,800 tons or 1 percent from the previous month and down 1.4 percent year-on-year. Stainless steel in the 200 series stood at 917,000 tons, up 10.1% year-on-year; the 300 series recorded...
New working group created to monitor truce between Las Bambas and indigenous communities
Peru's executive power has launched a temporary working group to keep track of commitments agreed upon between Chinese miner MMG and indigenous communities protesting its Las Bambas copper mine. The announcement, published in the official gazette El Peruano, follows...