23
Apr
15:21
Copper helps Freeport beat quarterly expectations
US miner Freeport-McMoRan topped first-quarter estimates amid “positive” market fundamentals for copper, Kallanish learns.
First-quarter copper sales exceeded the company’s estimates released in January 2024, jumping by 33% to 1.1 billion pounds compared to last year. This was due to higher mining and milling rates and ore grades at PT Freeport Indonesia, although sales were also hit by weather-related disruptions.
In the three months to 3…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous