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Aluminum: Chinese imports fall in November due to increased domestic supply
Chinese aluminum imports in November fell 35.7 percent year-on-year due to increased domestic supply, even as the COVID-hit economy continued to mitigate demand for the light metal. According to data from the General Administration of Customs, the country imported...
Turkish steel sector: uncertain prospects for 2023
Uncertainties stemming from the war between Russia and Ukraine, which hurt the dynamics of the global economy in 2022, continued to cloud the outlook for 2023, amid the continuing supply-demand imbalance and protectionist approaches in the steel sector. The duration...
HRC steel: ArcelorMittal aims for higher prices
ArcelorMittal announced that it will raise material selling prices across Europe starting Thursday. The price of Northwest European hot-rolled coils rose on December 15 to 639 euro/mt, up 1.19 percent from the previous day's close. Despite this, market participants...
Copper: Panamanian government orders suspension of operations at Cobre Panama mine
Panama's government on Thursday ordered Canada's First Quantum Minerals to suspend operations at its flagship copper mine in the country after missing a deadline to finalize an agreement that would have increased payments to the government from the mine. The...