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The Revival of the Tía María Copper Mine in Peru: A $1.8 Billion Project for the Future of the Industry
After years of delays and controversy, Southern Copper, one of the world’s leading mining companies and a subsidiary of the Grupo México conglomerate, has announced the revival of the Tía María project, one of Peru’s most debated copper mines. The company aims to...
Record Growth in Steel Imports in India: Causes, Impacts, and Industry Outlook
India, the world's second-largest producer of crude steel, has seen a sharp increase in finished steel imports in the first ten months of the fiscal year that began in April. According to provisional government data analyzed by Reuters, the country imported 8.3...
Steel and Aluminum in China: Resilience to US Tariffs and Outlook for 2025
Despite the 25% tariffs imposed by the United States, China’s steel and aluminum market has demonstrated remarkable adaptability. The measure, originally introduced by the administration of Donald Trump, does not appear to have had a significant impact on Chinese...
Europe’s Steel and Aluminum Crisis: Between U.S. Duties, Global Overcapacity and Falling Production
The U.S. decision to impose an additional 25 percent duty on steel and aluminum imports from the European Union has triggered concerned reactions from European institutions and industry representatives. European Commission President Ursula von der Leyen expressed her...