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China’s high furnace capacity utilization remains stable at 86.94%
The high furnace capacity utilization rate of China's 247 steel mills changed little from April 2 to 8, rising only 0.02 percentage points from the previous week to 86.94%, indicating that most of the steel mills surveyed maintained their production rates when steel...
Hudbay Begins Development of Pampacancha Well
Hudbay Minerals announced Wednesday that the final land use agreement for its Pampacancha project has been completed and the company now has full access to the site to begin well development activities. Pampacancha is a high-grade satellite deposit located 4 km from...
Codelco is increasing copper production
Through the pandemic, Chilean mines that account for more than a quarter of global supply have been able to maintain high levels of production by introducing testing and tracking and delaying non-essential activities. This has been a blessing for China's...
Chinese steel stocks fall further on sustained demand
Between March 26 and April 1, Chinese steel traders saw their finished steel inventories fall further, with a 1.6 million tonne week-on-week decline, faster than the previous week's 1.5 million tonne drop, mainly due to further strengthening demand. Inventories held...