Recovery of transactions in December welcomed, but economic headwinds persist

Payment clearing and reconciliation services company BankservAfrica's Economic Transactions Index (BETI) for December 2022 improved despite the ongoing, dismal economic context, rising to 132.1 following six consecutive months of declines in the index.

Thursday, January 12, 2023

Peruvian mining registered increases in copper, zinc, iron and tin in November 2022

The Ministry of Energy and Mines (MINEM) reports that the national metallic mining production in November 2022 had an increase in copper, zinc, iron and tin, compared to the similar month of 2021.

Monday, January 9, 2023

Chile's Minera del Pacífico files project to extend iron ore operation

With an investment of US$32mn, Chilean iron ore miner Minera del Pacífico (CMP) looks to continue operating in the Pleito district until 2029, which the CAP group firm holds in northern Atacama region.

Monday, January 9, 2023

Demand for Japanese ferrous scrap to rise

Overseas demand for Japanese ferrous scrap is likely to recover in 2023, while stronger domestic consumption and slower scrap generation in the country limit availability for exports.

Monday, January 9, 2023

Nucor keeps plate prices flat

US steelmaker Nucor has kept its plate pricing flat, a month after it dropped prices by triple digits.

Monday, January 9, 2023

Nucor's new Kentucky mill rolls first plate

Steelmaker Nucor rolled its first plate at its new mill in Brandenburg, Kentucky.

Monday, January 9, 2023

Indonesia raises 2023 coal output target

Indonesia's energy ministry (ESDM) has set the country's coal production target at 694mn t for 2023, around 5pc higher than the 2022 target of 663mn t, which has been exceeded.

Monday, January 9, 2023

Vedanta's Indian iron ore output rises post-monsoon

The daily Argus ICX 62pc iron ore index was at $117.35/dry metric tonne on 3 January, down by 2.2pc from a year earlier.

Monday, January 9, 2023
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