NGO sues Norway over deep-sea mining plans

New measures designed to undercut the economic rationale for withdrawing Russian metal already on the LME and selling it back on the exchange under a less-desirable category.

The output of the red metal would be a 6% increase from the 5.51 million tons expected to be produced this year.

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

According to Aurojyoti Bose, lead analyst at GlobalData, the involvement in the $2.2 billion Alcoa-Alumina M&A deal helped these two firms top the chart by value.

Steel consumption was suppressed in the short term due to rainy weather in southern regions of China.

MKP wants to nationalize strategic mines, ArcelorMittal South Africa Ltd. and Sasol Ltd.

Russian exports plunged 22% in the first quarter after Beijing imposed a tax regime that favors some of Russia’s rivals.

Norwegian risk assessment firm DNV said China's coal consumption will see a "minor uptick" in the next two years.

Copper prices have recently been bolstered by expectations of tight supplies and optimism about demand prospects from energy transition.