Stainless steel prices down in Europe: a December marked by “unusually” low demand
The stainless steel market in Europe has experienced price declines in the month to Friday, December 6, amid particularly weak demand. According to al une market sources, the current situation exceeds in the negative the usual end-of-year dynamics, when activity is...
Lundin Mining divests two mines to Boliden for $1.3 billion: a strategic transaction for both groups
Lundin Mining, a Canadian company listed on the Toronto Stock Exchange, has announced the sale of the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden to the Swedish group Boliden for an initial consideration of $1.3 billion in cash, with additional...
China: Mixed dynamics in copper and iron trade, between robust demand and seasonal slowdowns
China, the world's largest metals consumer, continues to show signs of economic complexity in the mining and metals sector. While copper imports reached record levels in November 2024, pushing up expectations of a recovery in domestic demand, iron ore imports fell,...
China: Aluminum production slows to November 2024, amid environmental challenges and market fluctuations
As of November 2024, China's aluminum market has been on an up-and-down trend. According to a survey by the Shanghai Metals Market (SMM), domestic aluminum production fell 3.21 percent from the previous month. This slowdown was mainly attributed to environmental...
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