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Changes in Aluminum Stocks: Russia’s Presence in LME Warehouses
As of November 2024, the share of Russian-origin aluminum in London Metal Exchange (LME) warehouses increased to 67 percent, marking an increase from the decline observed the previous month, when it fell from 66 percent to 65 percent. This increase occurred despite an...
Codelco and the challenge to revive production: signs of stabilization
Codelco, the world's largest copper producer, is facing a crucial phase in reversing declining production, reporting a result of 127,900 metric tons as of October 2024. This figure is in line with that of the same month in 2023, representing a sign of stabilization...
China’s metallurgical alumina production growth: November 2024 sets new records
Metallurgical alumina production in China continues to grow, buoyed by capacity expansion and rising refinery operating rates. In November 2024, total capacity reached 103.02 million tons, marking a 0.31 percent increase from 102.7 million tons in October. Increase in...
China’s finished steel exports: slowdowns in November, but historically high levels
In November, China's finished steel exports contracted compared to October, but remained at historically high levels, surpassing the threshold of 100 million tons exported in the first eleven months of 2024. This result highlights China's central role in the global...