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Copper: the metal suffers a blow in the battle for critical mineral status in the US
The US Geological Survey (USGS) has informed Congressmen and Senators that copper has not achieved the critical ore status necessary to be added to the official list of commodities at risk of supply shortages, the Copper Development Association (CDA) said. The USGS...
Steel: billet imports from Turkey more than doubled in January-March
In March this year, billet and bloom imports from Turkey amounted to 372,509 tons, up 49.4% month-on-month and 328% year-on-year, according to data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue from these imports amounted to $223.24m, up...
Bauxite: export ban from Indonesia drives Guinea’s demand
Lindian Resources, an Australian-listed company with world-class bauxite and rare earths assets, has signed a supply agreement with a new partner. The company announced a new six-year agreement with freight forwarder C&D Logistics to supply 23 million tonnes of...
Copper: prices under pressure from poor demand prospects and rising supply
Copper prices continued their downward trend as the market focused on the deteriorating demand picture in China, the main consumer, increasing supplies and growing inventories in LME-approved warehouses. The three-month benchmark copper on the London Metal Exchange...