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Copper: Las Bambas restarted after 51- day shutdown
A group of Peruvian indigenous communities on Thursday agreed to temporarily call off their protest against MMG Ltd's Las Bambas copper mine, which forced the company to halt operations for more than 50 days, the longest period in the mine's history. According to the...
Copper: prices drop as partial closures return in China
Copper prices fell Thursday as the reintroduction of some lockout restrictions in China fueled fresh concerns about demand in the world's top metals consumer. Shanghai and Beijing are back on COVID-19 alert after parts of China's largest economic hub began imposing...
EU initiates review ahead of expiration of anti-dumping measures on hot rolled steel from China
The European Commission has initiated an expiry review of anti-dumping measures on hot-rolled flat steel products imported from China. Definitive anti-dumping duties were imposed on June 8, 2017, and were scheduled to expire on June 9, 2022. The Commission set the...
German market still expects steel prices to fall
German steel producers, traders and buyers are bearish on prices for June and are almost unanimous in their expectation of lower production levels. The market has seen a slowdown in demand for long products as buyers hold back in anticipation of further price...