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Stainless Steel: World Production to Rise in 2023
In 2023, global stainless steel production rose by 4.6 per cent year-on-year to 58.4 million tonnes. In 2022, the balance had stood at 55.26 million; in 2021, 58.3 million had been produced. It was therefore back to the levels of the post-Covid rebound last year. Area...
Steel: Turkish CRC imports fell by 30.2 per cent in January-February
In February this year, Turkish imports of cold-rolled coils (CRC) increased by 11.4 per cent month-on-month and decreased by 18.8 per cent year-on-year to 46,547 tonnes, according to data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of...
Copper: protesters block Las Bambas mine in Peru after negotiations fail
Peru's Las Bambas copper mine, owned by China's MMG, is facing new blockades of a key transport route after negotiations on donations to local development projects broke down. Peru is one of the world's leading copper producers and Las Bambas, which normally supplies...
Zinc: prices up 13.50% since the beginning of April
Zinc prices were on a strong upward trend, up 13.50% from prices at the beginning of April. Benchmark tariffs for zinc smelter treatment have fallen sharply this year, reflecting the tightening of the mining supply chain. Canada's Teck Resources agreed to pay Korea...