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Elections in Panama are unlikely to change the prospects for First Quantum’s copper mine
The prospects for First Quantum Minerals to recover its cancelled copper mine concession after the presidential elections in May are slim, according to campaign proposals and interviews with protest leaders. Protests against First Quantum's concession, demanding more...
Steel Rebar: China’s production down 9.5% in Q1 2024
According to data released by China's National Bureau of Statistics, China's rebar production stood at 50.01 million tonnes in Q1 2024, down 9.5% year-on-year. During the same period, the country's wire rod production decreased 4.9% year-on-year to 32.44 million...
Chinese metals: Biden will urge increased duties
U.S. President Joe Biden will call for a sharp increase in tariffs on Chinese metal products as part of a package of policies aimed at satisfying steel workers in the state of Pennsylvania, at the risk of angering Beijing. During campaign stops in the "steel city" of...
Although global economic growth forecasts for 2024 and 2025 have increased, they have remained below the annual historical average
According to the World Economic Outlook report published by the International Monetary Fund (IMF), global economic growth, which is projected to be 3.2 percent in 2023, is expected to continue at the same pace in 2024 and 2025. The growth forecast for 2024 is 3.2...