The restructuring of Sinosteel Group Corp Ltd, or Sinosteel, will further improve the structure of China's steel industry and bring stability to the commodity's prices in the years ahead, market observers said on Wednesday.
What looked like it was going to be a good year for the Peruvian mining sector – high commodity prices, economic recovery, and strong demand for copper – will end up being one of zero growth and an uncertain outlook for the coming years.
Mexican steel consumption grew 9.1% in November year-on-year but fell 1.9% in the January-November period, mainly due to the construction sector's weak performance.