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Nyrstar Will Reduce Zinc Production by 25% at Hobart Plant: Impacts and Prospects
Multinational Nyrstar, a subsidiary of commodity trading giant Trafigura, has announced a significant reduction in zinc production at its plant in Hobart, Australia. Beginning in Aprbil, the plant will decrease its production capacity by 25 percent, a move that has...
Focusing on Fundamentals: The Key to Coping with Uncertainty in Commodity Markets.
Faced with the swinging and unpredictable trade policies of U.S. President Donald Trump, global commodity markets must adopt a clear strategy: ignore the background noise and focus on fundamentals. While the media gives great prominence to every new statement or tweet...
Falling Polystyrene Prices in Asia: General Trends and Market Factors
A leading Asian industry source, who requested anonymity, reported to that international oil prices have been rising daily. This increase was fueled by speculation of a possible tightening of U.S. sanctions against Iran. However, Ukraine's acceptance of a proposed...
European Union Responds to U.S. Steel Duties: Countermeasures and Economic Impacts.
The European Commission (EC) has announced a series of countermeasures in response to the 25 percent duties imposed by the United States on steel products imported from all countries without exception. These duties, which officially went into effect today, cover a...