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Copper: Chilean production fell 5.5 percent in November
Copper production in Chile, the world's largest producer of the metal, fell 5.5 percent year-on-year to 459,229 tons in November. Statistical agency INE, which released the figure, said the decline was partly due to lower ore quality and operational problems affecting...
HRC steel: European producers aim for higher prices
Steel mills in northwestern Europe are pointing to higher prices for hot-rolled Coils, despite the seasonal slowdown at the end of the year. According to some market sources, steel mills in other European regions are expected to follow the price increase in January....
Steel: ArcelorMittal buys Europe’s fourth recycler in 2022
ArcelorMittal has signed an agreement to acquire Polish scrap metal recycler Zaklad Przerobu Zlomu (Zlomex), making it the fourth scrap company acquired by the steelmaker in Europe this year, in line with its strategy to increase the use of recycled materials and...
Copper: Los Pelambres mine in Antofagasta, Chile suffers a stoppage
Antofagasta said access to its Los Pelambres mine in Chile's Coquimbo region has been blocked by a "small group of people, with no connection to a specific incident or situation." The company added that it has not experienced any material impact on production, but has...