Sumitomo Metal Mining (SMM) announced on Monday the firm had established Sumitomo Metal Mining Chile, a subsidiary to explore minerals such as copper and gold, in Santiago, Chile on 26 November. The subsidiary was established with 250 million peso capital (56 million yen), 99% shared by SMM and the rest by Sumitomo Metal Mining America, SMM’s wholly owned subsidiary in USA.SMM had controlled Candelaria copper mine of Chile, in which SMM invests, or explored minerals in its Chilean mining areas through its Chilean office administrated by Sumitomo Metal Mining America. To promote mineral development in Chile, SMM decided to establish a subsidiary in the country.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
