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Metals: pressure increases on LME to ban Russian product
The London Metal Exchange is reportedly struggling over how to handle the supply of metal from "sanctioned" Russia. Their concerns continue to be heightened by the fact that some nations, led by China, continue to be interested in buying Russian stocks. Following...
Brazil’s newly elected president Lula promises greener mining
A new Brazilian government under President-elect Luiz Inácio Lula da Silva could mean greater environmental responsibility. Former leftist Brazilian President Lula was elected Sunday for a third presidential term, winning over far-right incumbent Jair Bolsonaro. "In...
China real estate slump continues with prices falling in October
China's real estate market continued to slump in October, with private data showing a drop in home prices and sales, suggesting a lack of confidence and a gloomy outlook amid tight COVID restrictions that have hit consumer confidence. China's real estate sector, once...
Steel: the entire US logistics system faces potential collapse
About one-third of all U.S. exports rely on freight transportation. Food, wood, coal and metal move through the 140,000 miles of U.S. transportation lines. Because of this, many U.S. freight suppliers are concerned about the possibility of another major rail strike....