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India Reaches a Seven-Year High for Finished Steel Imports from China: Dynamics and Impacts on Domestic Industry
India, the world's second largest producer of crude steel, is experiencing a significant increase in imports of finished steel from China, reaching levels not seen in seven years. According to provisional government data, in the first five months of the 2024/2025...
Indonesia Opens New Chapter in Copper Industry with PT Amman Mineral Nusa Tenggara Plant
Indonesian President Joko Widodo recently inaugurated the PT Amman Mineral Nusa Tenggara (AMNT) copper smelting and precious metal refining plant in West Sumbawa District, West Nusa Tenggara. This project marks a significant step for Indonesia in the copper processing...
Gold skyrockets to over $2,600 amid rate cuts and geopolitical tensions
On Friday, the price of gold surpassed the historic $2,600 mark for the first time, supported by a rally fuelled by expectations of further interest rate cuts in the United States and rising tensions in the Middle East. This jump in gold reflects its status as a safe...
Primary Aluminium Production in the World: August 2024 between Stability and Decline in Oceania
In August 2024, the Oceania region experienced a decline in primary aluminium production. However, in parallel with a decrease in production in this region, global output fell from the record levels reached in previous months. Despite this, the decline was partially...