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Copper: TC/RCs of concentrates seem to decline in Q4 as demand for the metal recovers
Spot copper processing and refining (TC/RC) prices appeared to come under pressure in Q4 as demand for the metal picked up due to the replenishment of winter inventories and the commissioning of new capacity at Chinese smelters, after slow trading in Q3 due to high...
Steel: falling prices and the impact of construction on demand
Energy prices have soared since 2021 due to high inflation and geopolitical events such as the war in Ukraine. Even with lower inflation in the United States, energy prices remain high. This could further impact aluminum and steel prices, which tend to suffer greatly...
Steel and aluminum: EU and US join forces to investigate Chinese products
The European Union (EU) is preparing to examine overcapacity in China's steel industry, which could lead to the imposition of a 25 percent tariff on imports from the world's second-largest economy. In addition, aluminum is under scrutiny within the EU, with officials...
Copper: BHP averts strike at world’s largest mine with preliminary union agreement
Global mining company BHP has reached a preliminary agreement with the supervisors' union at its Escondida mine in Chile, averting a strike at the world's largest copper deposit, the company announced late Wednesday evening. In late September, union members rejected a...