30 January 2023 | Commodities, Commodities, Commodities, Commodities, Commodities, Commodities
The local government of Shanghai announced that it will not allow the addition of new steel capacity in 2023 in order not to increase crude steel production capacity and only to reduce it. On the other hand, scrap utilisation will increase by 30% by 2030 and 15% by...
30 January 2023 | Uncategorized
The resumption of violent protests in Peru is putting 30% of the world’s second largest copper supplier’s production at risk, at a time when global stocks are low and prices are high. One copper mine has been taken offline after protesters stormed the...
30 January 2023 | Featured
The European Association of Steel Producers EUROFER has issued a joint statement with Wind Europe regarding the EU’s upcoming critical raw materials scrap law. According to the statement, EUROFER calls on the European Union to include scrap in the list, as only...
27 January 2023 | Market Forecasts - Industrial Metals
The government of Ecuador has declared illegal mining a threat to national security, saying it has connections to money laundering and arms trafficking. President Guillermo Lasso is trying to curb the growing illegal mining in various places in the South American...
27 January 2023 | Featured, Featured, Featured, Featured, Featured, Market Forecasts - Industrial Metals, Market Forecasts - Industrial Metals
The US Department of the Interior on Thursday blocked mining activity in part of north-eastern Minnesota for 20 years, the latest blow to the Antofagasta Pl copper and nickel mining project, but a necessary step to protect the state's vast network of interconnected...
27 January 2023 | Uncategorized
Chile’s environmental regulator accuses a major hydroelectric power plant operated by US-based AES of violations, largely related to its failure to build the necessary infrastructure, but also said the company had evaded its ecological obligations. The...
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