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Steel: Shanghai will ban new production capacity in 2023
The local government of Shanghai announced that it will not allow the addition of new steel capacity in 2023 in order not to increase crude steel production capacity and only to reduce it. On the other hand, scrap utilisation will increase by 30% by 2030 and 15% by...
Copper: violent protests in Peru put 30% of production at risk
The resumption of violent protests in Peru is putting 30% of the world's second largest copper supplier's production at risk, at a time when global stocks are low and prices are high. One copper mine has been taken offline after protesters stormed the site, another...
Scrap metal: EUROFER calls on EU to include them in list of critical raw materials
The European Association of Steel Producers EUROFER has issued a joint statement with Wind Europe regarding the EU's upcoming critical raw materials scrap law. According to the statement, EUROFER calls on the European Union to include scrap in the list, as only a...
Ecuador: illegal mining is a threat to national security
The government of Ecuador has declared illegal mining a threat to national security, saying it has connections to money laundering and arms trafficking. President Guillermo Lasso is trying to curb the growing illegal mining in various places in the South American...