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Copper: First Quantum resumes operations at Cobre Panama mine
First Quantum Minerals has resumed operations at normal levels at the Cobre Panama mine. First Quantum had suspended ore processing operations at the mine on Feb. 23 after a Panama government order blocked loading permits at the port, limiting copper storage capacity...
Crude steel: Chinese production increases 5.6 percent in January-February
In January-February this year, China's crude iron, crude steel and finished steel productions were 144.26 million tons, 168.70 million tons and 206.23 million tons, up 7.3 percent, 5.6 percent and 3.6 percent year-on-year, respectively, as announced by the National...
Ferrous scrap: Taiwan’s imports increased by 2.2 percent in January-February
Taiwan's total ferrous scrap imports increased 2.2 percent year-on-year to 469,040 tons in January-February this year, according to official customs statistics. In the first two months of the year, the United States was the main supplier of scrap to Taiwan, exporting...
OECD: weak forecast for 2023 due to global trade slowdown and market uncertainty
At its 93rd meeting on March 13-14, the OECD Steel Committee discussed the challenging 2022 for the steel industry due to the global economic slowdown, ongoing high inflation and supply chain disruptions. The committee expressed concern about the impact of the war...