Dollar and Gold Dropped, Oil and Dow Jones Industrial Average Rose  

SMM Analysis: The supply-demand imbalance in the market continued to worsen. As of August 7, with all SMM RCs having fallen to their lowest points of the year...

[Deep Seismic Risks Emerge, Codelco Suspends Andes Norte Expansion Project at El Teniente Copper Mine] Codelco temporarily suspended development and construction activities at the Andes Norte project of the El Teniente copper mine due to potential new-type seismic risks emerging in deep areas, while other production areas of the mine remain in operation. The company will further strengthen seismic monitoring and technical assessment and has not yet announced a resumption time. Andes Norte is an important project for the deep resource succession of El Teniente. This suspension may increase uncertainty over the mine’s medium and long-term production recovery and the commissioning of deep projects.

[SMM Экспресс-новости медной катанки] Большинство предприятий, ранее находившихся на ремонте, возобновили производство, на предприятиях, сокративших выпуск, оно плавно восстановилось, а уровень загрузки на следующей неделе, как ожидается, вырастет на 1,13 процентного пункта по сравнению с предыдущим месяцем.