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Trump Announces An Energy Truce Between Russia And Ukraine, But The Market Awaits Confirmation
Donald Trump announced an immediate ceasefire on attacks against energy infrastructure between Russia and Ukraine on Sunday, October 11. The parties’ actual participation and operational arrangements nevertheless remain unclear: Kyiv requested details, while Moscow...
Copper Concentrates, TCs At Record Lows: The Race For Cargoes Puts Pressure On Smelters
The copper concentrates market approaches LME Week with even more negative treatment charges, new mining tenders and increasingly pressing questions about smelters’ economic sustainability. Material on offer continues to attract competition from traders, while plants...
European Steel Market: Prices Slightly Higher In October, But Demand Continues To Hold Back The Recovery
Market participants’ expectations point to a market moving towards gradual stabilization, with possible further price increases, moderately rising production and inventories still declining. Buyer resistance and weak industrial consumption, however, continue to limit...
Aluminium, Finland Backs Arctial: A €4.7 Billion Project To Strengthen European Supply
Europe is seeking to rebuild production capacity in primary aluminium and is looking to Finland as a potential location for a new industrial hub. The European Commission has granted the Arctial project Strategic Project status under the Critical Raw Materials Act,...