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Wire Rod, US Production Outages Push Prices Higher While Correction Risk Grows
Domestic and imported wire rod prices in the United States recorded a moderate increase in August, supported by mill price hikes, limited availability and ongoing production outages in Illinois and Oklahoma. End-user demand is not described as particularly robust, but...
Asian Coking Coal Rises, China Pushes But The Spread Blocks Trading
Asian seaborne coking coal prices rose on Tuesday August 18, supported by strong Chinese buying interest and the rapid appreciation of the domestic market. The push, however, did not translate into an equally decisive increase in transactions, because sellers’ asking...
BHP Defends Its Copper Leadership And Prepares A New Phase Of Growth
BHP closed fiscal 2026 with copper production of 1.953 million tonnes, down by 3% from 2.017 million tonnes in the previous year. The decline did not affect the group’s leadership, with the company maintaining its position as the world’s largest producer of the red...
Ferro-Chrome, Failure At Dikwena Chrome Facility In South Africa
A structural failure affected a tailings storage facility at South African ferro-chrome plant Dikwena Chrome, causing slurry to escape from the containment area. Samancor Chrome, which owns the operations, confirmed the incident on August 18, while government...