China’s Iron Ore Imports Toward an Historic Record in October: A Gap between Steel Demand and Production
In October 2024, China is set to set a new record for iron ore imports, reinforcing the gap between strong demand for this essential raw material for steel production and the persistent decline in finished steel production. According to ship tracking and port data,...
The Italian Steel Market – Long Products: A Challenging Prospect between September and October 2024
The Italian long products market faced significant difficulties in September 2024, and the outlook for October does not seem to indicate significant improvement. According to market sources, sales of long products in Italy have experienced persistent weakness, with...
The Recovery of Mongolian Coal Supplies to China: The Impact on the Metallurgical Coal Market.
As of mid-October 2024, the flow of coal transported by Mongolian trucks to China has picked up significantly after logistical disruptions caused by heavy rains in September. According to industry sources, the number of trucks transporting coal from Mongolia to China...
The European Cobalt Market: Excess Supply and Price Pressures.
The European cobalt market continues to be characterized by a persistent oversupply, a situation that is putting strong downward pressure on prices. Excess production, due mainly to the expansion of Chinese production capacity and increased supplies from new sources...
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