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New Perspectives for Copper in the Democratic Republic of Congo: Challenges and Opportunities
According to market sources, CMOC and other mining producers have requested that copper from the Democratic Republic of Congo (DRC) be registered for delivery against London Metal Exchange (LME) contracts. If the requests are successful, large quantities of copper...
Metal Market Analysis and Outlook for the Automotive Sector
The automotive sector remained stable on a monthly basis. Global steel demand remains weak, limiting bullish sentiment for hot-dip galvanised steel. At the same time, prices of other metals, including copper, also declined after their bullish speculation cooled in...
Aurubis: The Disappointment of Quarterly Results and Future Challenges
On Monday, shares of Aurubis, Europe's largest copper producer, fell significantly, posting a maximum loss of 8.8 per cent. This decline followed the publication of third quarter results, which fell short of analysts' expectations. Despite a five-fold increase in...
The Aluminium Industry in Iran: A Significant Achievement in Ingot Production
In the first quarter of the current Iranian calendar year, which began on 20 March, Iran produced over 169 k tonnes of aluminium ingots. This significant milestone was reported by the Iran Mining Industries Development and Restructuring Organisation (IMIDRO)....