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Copper: Peru declares state of emergency
Peru has declared a state of emergency near Southern Copper Corp's Cuajone copper mine, as protests have led the Andean nation to halt 20 percent of its copper production. Operations at Cuajone were suspended on 15 March after residents of a nearby community shut off...
Coal: Russian exports fall in Q1 2022
According to the head of the Russian Energy Ministry's Coal Industry Department, Petr Bobylev, Russia has reduced coal exports in January-April. Especially in March and April, there was a decrease in export volumes of more than 20% year-on-year. Since the beginning of...
Copper: BHP cuts production outlook
BHP Group Ltd has cut its annual copper production outlook as operations at its Escondida project in Chile took a hit due to protests by workers and environmental activists, as well as labour shortages due to rising cases of COVID-19. Chile, the world's leading copper...
WSM federation calls for cooperation between German producers
According to the trade association WSM, producers and processors at various levels of steel and metal products must go hand in hand with their trading partners in times of erratic price increases. The next wave of steel prices and drastic increases in energy prices is...