The plate delivered assessment rose by $8.25/st to $1,676.50/st.

Peru’s mining exports fell in the first eight months, the first accumulated year-on-year drop in 2022.

SAO PAULO - Brazilian conglomerate Cosan said on Friday it had acquired a 4.9% stake in Vale and intends to increase its bet in the mining company.

This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month.

The European stainless steel scrap market is facing a near-term demand crisis and high uncertainty going into the fourth quarter...

It was a 9.2% decrease from the 2,485,000 permit tons recorded in August and a 10.1% decrease from the August final imports total of 2,510,000.

Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction.

The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million.