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The iron ore market: signs of weakness and future prospects
The iron ore market is going through a highly volatile phase, maintaining a bearish trend that looks set to continue. The price of iron ore has fallen considerably, reaching its worst week since March, with no clear signs of an imminent recovery in the Chinese steel...
China lays the groundwork for a reaction against the EU CBAM
China is consolidating broader support against the EU's border carbon adjustment mechanism (CBAM), and has proposed multilateral talks at the World Trade Organisation (WTO) on the rationale and impact of this policy as one way forward. Beijing expects its proposals to...
Steel: falling Chinese demand puts steel mills in a bad mood
Steel stocks are slowly piling up in warehouses in the country's largest steel hub, the northeastern city of Tangshan, and in Jiangsu and Shandong provinces. Demand for steel is declining due to pandemic closures and the paralysis of construction activity. Steel, a...
Commodities: which ones will be most affected by a likely Russia-Ukraine conflict
According to Wood Mackenzie, trade dislocations due to sanctions, high energy prices and disruption of production facilities in the conflict zone are three major threats to the metals and mining industry. Vice President Robin Griffin says Russian trade has typically...
