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Copper: blockage temporarily removed at Las Bambas mine
Protesters have agreed to lift their blockade of one of Peru's largest copper mines, declaring a truce until a meeting with the country's prime minister later this month. Chumbivilcas communities agreed to suspend their blockade of MMG Ltd.'s Las Bambas mine until a...
Steel: according to CISA, Chinese prices will remain stable
According to the latest monthly report from the China Iron & Steel Association (CISA), released on December 20, Chinese steel prices are expected to remain balanced for the time being due to weak supply and demand. Domestic steel demand may remain weak at the end...
Zinc: German recycler Befesa expands into China
Befesa is expanding its footprint in China, where steel recycling is expected to increase to help meet national carbon emission targets, creating an opportunity for the German recycler to recover zinc from steel waste. Zinc is used to galvanize steel, now mostly...
Copper: price rebounds as investors regain some risk appetite
The copper price rose Tuesday along with other industrial metals and oil, with investors, weighing the impact of the omicron coronavirus variant on economic growth, becoming a bit more bullish after two days of selling. Copper prices are still up about 20% in 2021,...