Devastating floods in Peru have killed nearly 70 people and caused significant infrastructure damage. This includes rail lines outside Lima that transport semi-processed metal ores for export. Panjiva data shows exports of copper and zinc products accounted for 34% of all Peruvian exports in the past 12 months including raw ores, and had already reached their lowest since October 2012. Analysis of over 270 product-country pairs shows copper cathode shipments to China represent 32% of the total excluding raw ores. Italy, Brazil and the U.S. also rely on Peruvian copper cathode, while ther...
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