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Tariffs, Tensions, and Global Routes: The Complex Winter of World Trade
The United States approaches the holiday season with a more robust economic picture than expected: despite the tariff increases imposed in the early months of the year, retail sales continue to show surprising resilience. This is one of the few certainties in a...
A Market in Heat: Turkey Bets on Winter Scrap
In the heart of autumn, when the Turkish steel industry typically slows and uncertainty about scrap supplies increases, local producers have instead accelerated their purchases of deep-sea material. A trend that, according to several sources, is reshaping the market...
Global Steel Production Declines: October Marks Another Setback
Global crude steel production continues to slow. According to the latest data released by the World Steel Association, the 70 countries monitored produced 143.3 million tons of steel in October 2025, a 5.9% decline compared to the same month the previous year. This is...
European P1020 Aluminum Premiums Rise Slightly, But Rotterdam Remains Stuck
The last week of November offered a complex, yet slightly more buoyant, picture for P1020 aluminum premiums in Europe. Nearly all markets posted small gains, while Rotterdam—the historical benchmark for physical trading—remained trapped in a stable price range,...