Poor port infrastructure and high concentration in the shipping market have contributed to the current crisis in maritime transport, which has become a driver for inflation globally, according to the senior VP of the International Federation of Freight Forward...

A third of the investments correspond to state copper miner Codelco and national mining company Enami and the rest to the private sector, according to the mining ministry’s latest annual presentation of its program.

Botswana mining sector on the rebound

Brazil's demand for power rose by 1.9pc in the first half of May from a year earlier, as consumption grew both in the regulated and free markets.

European steelmaker ArcelorMittal plans to continue to acquire steel scrap recyclers in order to guarantee long-term security of supply.

Indian domestic hot-rolled coil dropped to 69,000 rupees/t ex-Mumbai on 20 May, down by 5pc from a year earlier, with sluggish demand.

The higher tax is effective 22 May, India's finance ministry said on 22 May 2022.

It was the second consecutive month that US steel production has lagged its prior year period.