Loading
Copper: price rebounds thanks to weaker dollar
Copper is trading higher today Friday, 19 January, thanks to the falling dollar, but the metal is headed for a weekly loss due to weak Chinese economic data and a strengthening greenback earlier in the week. Three-month copper on the London Metal Exchange (LME)...
Crude steel: production in Italy increased by 6.5% in December
According to data released by the Italian Steel Producers Association, total crude steel production stood at 1.3m tonnes in December last year, up 6.5% year-on-year. On the other hand, total crude steel production in 2023 fell by 2.5% year-on-year to 21.1m mt. In...
Metinvest and Danieli sign agreement for Piombino plant in Italy
The initial agreement (memorandum of understanding) to build a new steel plant in Piombino, in the province of Livorno, was signed on Wednesday. The parties involved are the Ministry of Enterprise and Made in Italy, the Region of Tuscany, the Municipality of Piombino...
Nickel: BHP evaluates several options for its Nickel West mine
Diversified mining company BHP is evaluating several options for its Nickel West mine in Australia to mitigate the impact of the sharp decline in nickel prices. The Nickel West mine produced 39,800 tonnes of nickel in the first half of the 2024 financial year, with...