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Vingroup Enters the Metallurgical Industry: VinMetal Created with a 10 Trillion Dong Investment
Vietnamese giant Vingroup Corporation, already a major player in the automotive, real estate, and energy sectors, has announced its official entry into the metallurgical industry with the creation of the VinMetal Joint Stock Company for Manufacturing and Trading. The...
Pipe Market Stalled: Between European Regulations, CBAM, and Declining Demand
The welded and seamless pipe sector remains mired in a period of waiting and uncertainty, with prices unchanged and operators cautious. Companies are operating in a context in which European regulations—between the end of the current Safeguard, the entry into force of...
US Plate Prices Steady: Weak Demand and Limited Spot Activity Keep the Market Stagnant
The US cut-to-length plate market remains stagnant. On Tuesday, October 7, prices remained stable, with weak demand and limited spot activity continuing to hamper any recovery in a nearly stagnant domestic market. According to Commodity Evolution, the price for carbon...
Zinc Premiums Decline in Europe: Weak Demand and German Sector Struggles Ahead of LME Week
The European zinc market continues to lose momentum. In the Tuesday, October 7, session, premiums on the 99.995% SHG metal fell another $10 per ton, with traders reporting persistently weak demand, particularly from Germany, the industrial heartland of the European...