Here are how prices looked at the close of trading:
Korea Resources Corp (Kores) has initiated a sale process for its 10% stake and offtake agreement in First Quantum’s Cobre Panama copper mine, four sources with knowledge of the matter told Metal Bulletin.
China’s cobalt tetroxide prices have been under pressure over the past few months from high inventories, weak spot demand and substitution by battery makers, market participants said.
Mining companies active in the Democratic Republic of the Congo have formed a new body to engage with the government on industry concerns about the country’s new mining code and any other material issue concerning the mining industry.
ArcelorMittal remains committed to its acquisition of Italian flat-rolled steel producer Ilva and to acting as a responsible owner and operator of the business, a company spokesman said on Thursday. A day earlier, Italian minister for economic development Luigi Di Maio said that the tender for the Ilva sale might be invalid.
The biggest steel producer in the United Arab Emirates, Emirates Steel, has rolled over offer prices for September-rolling rebar.