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Copper: Chambishi smelter reduces capacity following energy cuts
China Nonferrous Metal Mining Corp's Chambishi copper smelter in Zambia has reduced one-fifth of its production due to power shortages in the country. The plant, which produces about 250,000 tons of copper a year, is one of the largest processing facilities in...
Construction industry outlook: commodity price trend in 2024
Long products made of slightly stable US steel As expected, prices for long steel products in the United States have remained stable or increased slightly over the past month, despite the negative effect that winter weather has had on construction activity. However,...
Copper: Chinese smelters discuss cutting production due to falling tariffs
China's largest copper smelters will meet in Beijing next week to discuss measures to counter the collapse in ore processing tariffs, which have fallen to their lowest level in years, including potential production cuts. At least 15 smelters have been invited to the...
Steel: China will continue to ship material through the Red Sea despite attacks
Chinese suppliers will continue to ship steel through the Red Sea route even though a ship carrying Chinese steel products to Saudi Arabia was attacked and damaged on March 6. The attack was the first to hit Chinese steel exports and the ship -- True Confidence -- was...