JSW Group to invest $301m in India copper mines in non-ferrous foray as steel prices dull
The group has won two blocks of copper mines in the eastern mineral-rich state of Jharkhand from Hindustan Copper.
An ongoing “illegal blockade” at ArcelorMittal’s western Mexico site since the end of May has now held up an estimated 300,000 metric tons of steel, the company told Reuters on Monday.
Mexico’s steel chamber said in a statement that the work stoppage had a ripple effect throughout the region, as well as on supply chains in Mexico and the United States.
(By Raul Cortes; Editing by Sarah Morland)
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