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Copper: price holds steady as weak Chinese demand weighs on
Copper prices were largely unchanged as demand in China, a key consumer, remained weak and investors weighed global economic headwinds against low stocks of the metal. Three-month copper on the London Metal Exchange is up slightly (+0.44 percent) at $8,618/mt (Italy...
Steel products and ferroalloys: French imports and exports down in January-
According to statistics released by the French Ministry of Economy, Finance and Industry, French imports of basic steel products and ferroalloys totaled 1.93 billion euros in January-February this year, down 12.5 percent from a year earlier. Imports of steel pipes in...
Chinese investment in Europe shifts to greenfield battery projects
According to 2022 data analyzed by MERICS and Rhodium Group, Chinese investment in Europe is shifting from mergers and acquisitions to greenfield projects, mainly in electric vehicle battery production. Greenfield investments will account for 57 percent of China's...
Manganese-zinc: U.S. accelerates South32’s Hermosa project
South32's Hermosa manganese-zinc project has become the first mining asset included in the FAST-41 process, the U.S. government's legislation aimed at promoting faster development of green energy assets and other infrastructure. Located in a historic mining district...