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Steel: ArcelorMittal Spain may shut down blast furnace A at Asturias plant due to low demand
According to local media reports, ArcelorMittal Spain, a subsidiary of Luxembourg-based steelmaker ArcelorMittal, could close blast furnace A at its Asturias plant in Gijón from 1 April if demand remains weak and imports high from outside the EU. Although no final...
Copper: Peru’s production in November increased by 10.9% year-on-year
Copper production in Peru rose 10.9% in November from the previous month to 253,582 tonnes, the Andean nation's mining ministry said on Friday. Peru is the world's second-largest copper producer, after neighbouring Chile. The increase in Peruvian production in the...
Uranium: price jumps to 15-year highs as major miner reports production deficit
Uranium prices jumped on Friday to almost 15-year highs after the world's largest producer, Kazakhstan's Kazatomprom, warned that it will probably miss its production targets in the next two years. The producer cited sulphuric acid shortages and delays in the...
HRC steel: prices rebound 2.70 per cent from previous day’s close
Buyers of hot rolled steel coils in Europe (HRC) are still digesting the latest market offers, and although prices have risen sharply since the beginning of the year, they remain below the levels expected by producers. HRC Hot Rolled Coils - Northern Europe settled on...