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Turkey Imposes Anti-Dumping Duties on Steel Imports: A Strategic Step to Protect Local Industry
Turkey recently announced the imposition of anti-dumping duties on certain steel imports from China, Russia, India and Japan. This measure, published in the country's Official Gazette, aims to protect the domestic steel industry from unfair trade practices and support...
German Steel Sector Crisis: ThyssenKrupp Steel Announces Cuts and Reorganization
The crisis in the European steel market is hitting hard, and one of the industry's biggest players, ThyssenKrupp Steel (TKS), recently announced that its workers could face significant cuts due to the increasingly complex economic situation. According to German press...
Strong Growth in Iron and Scrap Exports from the US: Turkey and Bangladesh among the Top Recipients
Iron and scrap exports from the United States (US) recorded significant growth in August 2024, according to the latest data released by the US International Trade Commission. In August, the export volume reached 1,628,578 tonnes, marking a 28.1 per cent increase over...
Mining Stocks at Risk of Loss: The Impact of US Duties on Sector Valuations
Shares of major mining companies could suffer significant depreciation, with a loss of up to 20 per cent in their value, if US duties are imposed after the November 2024 presidential election. This is the worrying scenario outlined by JPMorgan Chase & Co., who...