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Steel: production in China falls for the fifth consecutive month
According to the World Steel Association, global crude steel production for 64 countries stood at 145.7 mln tons in October 2021, down 10.6% from October 2020. Analyzing Chinese data shows a decline for the fifth consecutive month, now at 71.6 mln tons in October...
Tin: price tops $/ton 40,000
Indonesia could halt tin exports in 2024 as part of its ambitions to attract investment in downstream processing and manufacturing to the Asian nation. The news sent the metal, widely used in the electronics industry, to a new record high, with three-month contracts...
Zinc: Europe’s most important mine stops production
Swedish company Boliden announced Wednesday that it has halted production at its Tara mine in Ireland, Europe's largest zinc mine, due to increased water flows in the operation. Water began flooding the underground mine as a crew was drilling a pilot hole for a...
Iron ore: price rises on hopes of increased steel production
Iron ore prices extended a rebound from an 18-month low on bets that stronger-than-expected steel production cuts so far this year will support a return to volume growth at Chinese steel mills in December. Benchmark 62% iron ore imported into northern China stood at...