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Chinese Stainless Steel Prices Decline Amid Weak Demand and Falling Raw Materials
The Chinese stainless steel market continues to lose momentum. In the week ending Wednesday, November 5, domestic prices fell again, held back by increasingly weak domestic demand and declining raw material costs, according to several market sources told Commodity...
Nippon Steel Lowers US Steel’s Profit Forecast: Amid Incidents, Tariffs, and Market Uncertainty
Japan's Nippon Steel has cut its US Steel subsidiary's profit forecast for the 2025 half-year financial year, citing a combination of market challenges, industrial incidents, and contractual issues that have weighed on results. The announcement, made on Wednesday,...
Supreme Court Challenges Trump: Doubts About Extraordinary Powers to Impose Trade Tariffs
The United States Supreme Court has expressed serious doubts about President Donald Trump's authority to impose trade tariffs using a law created to address national emergencies. Oral arguments, held on Wednesday, November 5, challenged the legality of the measures...
Italian Rebar Market: Between Caution and Price Increase Attempts After the Fire at Ferriere Nord
A week after the October 29 fire at the Pittini Group's Ferriere Nord plant in Osoppo (Udine), the Italian rebar market is caught between price hike announcements and buyers' caution. The Friulian incident, which forced the steelworks to partially shut down...