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Steel in crisis: India faces wave of cheap imports from China
India's steel industry is on alert to an increasing influx of cheap steel from China, which is putting pressure on local producers. In a letter addressed to Finance Minister Nirmala Sitharaman, the Indian Steel Association (ISA) called for immediate action, urging a...
Kamala Harris: an ambitious plan to create a national reserve of critical minerals
At a time when dependence on critical minerals is becoming increasingly important to the US economy and national security, Vice President Kamala Harris announced an ambitious plan to create a national reserve of these strategic resources. The initiative, part of a...
Clear Street targets the London Metal Exchange: the renaissance of open-outcry?
The industrial metals market is going through an evolutionary phase and, in this context, the interest of Clear Street, a US broker, could mark a crucial moment for the future of the London Metal Exchange (LME). According to sources close to the matter, Clear Street...
US port crisis: ILA strike looms over global economy
In less than five days, the current contract of the International Longshoremen's Association (ILA) will expire, and a possible large-scale strike looms on the horizon that could paralyse many of the US ports along the East and Gulf coasts. Negotiations between the ILA...