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Copper: Las Bambas standoff puts Castillo’s mining reform pledges to the test
Peru's new socialist government came to power pledging to strike a new deal with the copper mining sector and redistribute profits to Andean communities such as those around the huge Las Bambas project, owned by China's MMG. These promises are now being put to the...
Steel: Chinese prices rise on increasing impact of production cuts
The Chinese steel market has seen prices of most products rise ahead of the Golden Week holiday (1-7 October 21). The increasing impact of production curtailments resulting from environmental concerns and power reductions has provided support for domestic prices....
Zinc: the net positions at their highest since 2018
Zinc's net positions (the difference between Non commercial buying and selling positions) are at their highest level since 2018 (85,382 lots). The Cot Index is in an extreme overbought phase. What does this extreme market situation suggest to us? It is a situation...
Paper: Metsä Tissue plans to build a factory in the UK
Metsä Tissue, the tissue paper business of the forest industry group Metsä Group, is planning to invest in a new factory in the UK. The plan consists of 240,000 tonnes of tissue paper production capacity, built in several phases over the next decade. The plans are...