According to the CEO of Freeport-McMoRan Inc. (FMCG), copper demand remains strong in China, and improvements have been seen in Europe and North America.
Since mid-April this year, Freeport's Indonesian division has experienced high absenteeism, which has negatively impacted the mine's production. The suspension of the mines, according to Freeport, will affect all interested parties, including the Indonesian suppliers, the Rio Tinto group.
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Metallurgy news
- 24 July 2026
23:00 Arequipa's net profit in the second quarter of 2026 increased by 34.5% amid improved operating performance 21:00 Samarco's sales in the second quarter of 2026 were up 23 percent compared to the first quarter of 2026, but will remain 1 percent lower than in 2025. 21:00 The United States will conduct full reviews of the PC market from 15 countries 20:00 Exports of sheet metal coils from the United States in May 2026 decreased by 2.1 percent compared to April 20:00 CRC imports to the United States in May 2026 decreased by 10.4 percent compared to April 16:00 Tangshan announces short-term steel production cuts 16:00 Vietnam's railway infrastructure development plans open up new opportunities for domestic steelmakers 15:00 Kumba iron ore production and sales fell in H1 2026
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