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Copper: in 2023 the market could have a surplus of 155,000 tons
According to the International Copper Study Group (ICSG), the global copper market is expected to register a deficit of about 325,000 tons this year and a surplus of 155,000 tons in 2023. Continued Covid-19-related restrictions, operational and geotechnical problems,...
Ferrous scrap: EU exporters reiterate their concerns
EU scrap recyclers have continued to voice their concerns about the consequences of potential restrictions on EU ferrous scrap exports proposed in the current process of revising the EU Waste Shipments Regulation (WSR). It appears that it will be very difficult to get...
Iron ore: prices falter on supply pressures and weakening demand
Singapore's benchmark iron ore prices fell Wednesday, while Dalian futures contracts remained near six-week lows, after BHP group BHP.AX reported an increase in quarterly production of the steelmaking ingredient, increasing supply-side pressures. BHP, the world's...
Copper: First Quantum Minerals awaits contract renewal for its Cobre Panama mine
First Quantum Minerals could receive the long-awaited contract for its flagship copper mine in Panama in November, according to a statement from Panama's Ministry of Trade and Industry. The company has been waiting for the document since September 2021, when it began...