* China's copper smelters cut concentrate processing fees. * Focus on Chile's copper mining industry. By Pratima Desai. Copper prices climbed on Monday towards five-month highs hit last week on growing optimism about demand in top consumer China and concerns about the spread of COVID-19 in Chile, the world's largest producer.
Canada's main stock index fell on Friday, dragged down by the energy sector as concerns about rising coronavirus cases in the United States and China dented hopes for fuel demand recovery. * Fears linger that a spike in COVID-19 infections in southern U.S. states could stall the demand recovery, as they are among the biggest gasoline consumers.
The United States on Thursday blacklisted four companies in Iran's metals sector, as well as one German and three Emirati subsidiaries of Iran's largest steelmaker that Washington said generate millions of dollars for Tehran's metals industry.
* The opinions expressed here are those of the author, a columnist for Reuters. * US Midwest Aluminium Premium: https://tmsnrt.rs/3fGM2OC. * US Imports of Canadian Aluminium: https://tmsnrt.rs/2YTWhbE. By Andy Home. A surge in Canadian aluminium imports "is destroying what remains of the United States industry".
* US Midwest Aluminium Premium: https://tmsnrt.rs/3fGM2OC. * US Imports of Canadian Aluminium: https://tmsnrt.rs/2YTWhbE. By Andy Home. A surge in Canadian aluminium imports "is destroying what remains of the United States industry".
Tanzanian President John Magufuli dissolved parliament on Tuesday ahead of elections in October, touting his governments record in expanding infrastructure such as roads, electricity generation and reforming the mining sector.
Canada's main stock index reversed course to move lower on Wednesday, dragged down by energy stocks as oil prices fell on reports of an increase in U.S. crude stockpile, while investors remained cautious ahead of the U.S. Federal Reserve's meeting.
S&P Global ratings on
Wednesday released its first scorecard for metals and mining
companies that rates them on their environmental, social and
governance (ESG) credentials, an area of increasing ...
The coronavirus is putting Egypt's private cement industry under even more pressure. Already scrambling to respond to competition from a vast new factory owned by the military, the pandemic has stymied a nascent rebound in sales, raising the possibility of plant closures, industry executives and analysts say.
* Demand for cement in Egypt decreasing as supply increases. * Giant military plant added to saturated market in 2018. * State's mega-projects not offsetting fall in home building. The coronavirus is putting Egypt's private cement industry under even more pressure.
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