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Copper: the new ‘Copper Board’ aims to boost Argentine projects
A group of companies that are members of the Argentine Chamber of Mining Entrepreneurs has launched a 'Copper Board' to push $22bn of investment for copper projects in the western provinces of Catamarca, Salta and San Juan. According to local media reports, the...
Steel: demand from ASEAN-6 countries will increase by 3.4% in 2023
The Southeast Asian Iron and Steel Institute (SEAISI) expects steel demand in ASEAN-6 countries to increase by 3.4 per cent to 77.6 million tonnes in 2023, after a 0.3 per cent increase in 2022. Indonesia and the Philippines will make the largest contribution to steel...
Imports put bearish pressure on European steel mills
Market participants report that prices for hot-rolled coils (HRC) in Northern Europe continue to fall. The reason for this alarming steel news is mainly import pressure. In addition, low demand and oversupply were contributing factors to the price fluctuations and the...
LME exchange closed for holidays
The London Metal Exchange LME will be closed on 29 May 2023 for Bank Holiday. Trading will resume as normal on 30 May 2023. You are unauthorized to view this...