Loading
Peru’s mining production flexes for the seventh consecutive month
Peru's mining and oil and natural gas sectors saw a 12.22% drop in production in September 2020, compared to the same month the previous year. In a report entitled Conjunctural Advancement of Economic Activity, the country's National Institute of Statistics and...
Iron ore prices get lighter
Despite fluctuations, Chinese iron ore prices fell overall last week as the ore became more readily available. Demand is relatively stable, although signs of softening are emerging. For the moment, many Chinese steel mills are content to maintain current production...
Turkish buyers book scrap shipments
Turkish buyers continued to book bulk scrap shipments of different origins for end-November-early December 2020 shipments. Meanwhile, Turkish buyers and steel producers believe it is best to replenish their scrap inventory before the winter vacations. In addition, the...
NASA discovers a metal-rich asteroid
NASA's Hubble Telescope has obtained images of an asteroid so rich in rare metals that its value far exceeds our global economy. Its value is about 10,000 quadrillion dollars, compared to the world economy, which was worth about 142 trillion dollars in 2019. The rare...