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Temporary Suspension of Underground Operations at Kakula Due to Seismic Activity
Ivanhoe Mines has announced the temporary suspension of underground operations at its Kakula mine in eastern Democratic Republic of Congo due to significant seismic activity in the eastern section of the deposit. Kakula is a key component of the Kamoa-Kakula copper...
European Stainless Steel Market in Downturn
The European flat stainless steel market is experiencing a phase of marked weakness, with a generalized decline in demand along the entire production and distribution chain. According to industry sources, coil prices continue to follow a downward trajectory,...
Speculators vs. Metal Buyers: Two Worlds at Opposite
Market volatility is a double-edged sword. While it presents a profitable opportunity for speculators and traders accustomed to riding the wave of instability, it is also a nightmare for industrial buyers of metals. Uncertainty makes it difficult to plan supplies,...
Steel Production In Italy: April Records +6.1% On An Annual Basis
In April 2024, Italian steel production reached 1.8 million tonnes (Mt), marking an increase of 6.1% compared to April 2024. This figure is perfectly in line with the increase recorded in the previous month (+6.0% in March), confirming a stabilization trend in...