Copper: Peru fails new attempt to broker truce. Las Bambas remains offline
Peru's prime minister on Thursday failed to broker an agreement with indigenous communities to allow operations at MMG Ltd's Las Bambas copper mine to resume, the fourth failed negotiation attempt by the government. Chinese-owned Las Bambas is one of the world's...
Steel: the Italian plate metal market remains on standby
Italy's heavy plate market has reached a standstill after prices began to fall a few weeks ago following unprecedented increases in March and April. The pause is due to the international wave of falling prices for all flat products, uncertainty and competitive import...
Stainless steel: the European market remains sluggish
The wind has changed in the European flat stainless steel market: prices are falling due to extremely sluggish demand. Uncertainty dominates the mood of buyers. Service centers and end users across Europe have stopped purchasing due to unsustainable price levels for...
Steel: flat-product steel shipments from EU and UK increased 3.3 percent in the first quarter
Shipments of flat product steel from steel service centers in the EU and the UK increased by 3.3 percent year-on-year in the first three months of 2022. Referring to shipping days, stocks at EU steel shipping centers reached 64 days in March 2022, up from 55 days in...
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