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Metinvest Ukraine confirms restoration of operations after power outages
Ukraine's largest steel company, Metinvest said Tuesday that all but one of its Ukrainian plants have resumed operations after disruptions caused by power outages following Russian air strikes. Metinvest, which had not previously announced the outages, pointed out...
Copper: Las Bambas mine resumes production
MMG Ltd has resumed copper production at its Las Bambas mine in Peru after a protest was lifted, adding, however, that transportation of the metal to the port is still blocked due to an additional protest. Earlier this month, Las Bambas had reduced its operations to...
Finished Steel: Indian imports from Russia hit 4-year highs between April and October
Indian imports of finished steel from Russia in April-October rose to the highest in four years, government data compiled by Reuters show, underscoring Moscow's attempt to divert shipments in the wake of Western sanctions. Russian steel exports to India reached...
Aluminum: prices react with supply deficit outweighing concerns over Chinese demand
Aluminum prices rebounded Tuesday as falling inventories outweighed demand concerns triggered by rare protests in several Chinese cities against tight COVID-19 restrictions. Three-month aluminum on the London Metal Exchange is up 0.77 percent at $2,390/mt at 09:45...