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The Rebirth of British Steel: New Resources and Challenges for Scunthorpe Plant Sustainability
At the heart of the industrial transition to sustainability, British Steel recently announced a major acquisition of natural resources to secure production at its Scunthorpe plant until 2025. This development comes at a critical time, amid negotiations with the UK...
LME Scrap Future: Increased Volumes and Forecast Recovery
Scrap Future contracts saw a surge in trading volumes, rising from 117,340 tonnes in the week ending 7 November to 199,320 tonnes in the following week ending 14 November. This increase shows renewed interest from traders, despite a weekly drop in the spot price of...
Gold: A Brilliant 2025 on the Horizon? Goldman Sachs Predicts New Records Thanks to Rising Bank Demand and US Rate Cuts
Goldman Sachs launches an exciting forecast for the gold market: the precious metal could reach a record high of $3,000 an ounce by December 2025. In a report signed by Daan Struyven and his team, Goldman ranked gold as one of the best commodity investments for 2025....
China Revises Export Tax Policies: New Changes to Tax Benefits
China's Ministry of Finance announced on Friday that it will reduce or cancel export tax concessions on a wide range of products as of 1 December, a change that will have a significant impact on international trade. China, the world's largest exporter of many goods,...