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HRC hot-rolled steel prices in Europe: stalling and waiting for long-term contracts
The hot-rolled (HRC) steel market in Europe remained almost stable on Dec. 3, with prices affected by ongoing negotiations for long-term contracts between producers and end users. This uncertain situation is slowing down transactions and maintaining a wait-and-see...
Chinese ban on export of gallium germanium and antimony to the U.S.
China announced Tuesday an immediate ban on exports of gallium, germanium and antimony to the United States (U.S.), a direct response to new restrictions imposed by the Biden administration on the sale of advanced U.S. technologies to China. This decision, prompted by...
Rio Tinto and the turn to copper: ambition, investment and energy transition
Australian mining giant Rio Tinto has announced significant growth in copper production planned for 2025, thanks to a 50 percent increase in extraction at the Oyu Tolgoi deposit in Mongolia. This marks an important step forward in the company's strategy, which is...
The recycled aluminum market in the United States: stability, trends and global changes
In August 2024, the market for aluminum scrap exports from the United States paused in the downturn of recent months, marking stability at 168,000 tons, the same level as in July. This figure, provided by the U.S. Census Bureau, represents a turning point after two...