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NPI in Free Fall: China Market Hits Five-Year Low
The Chinese nickel pig iron (NPI) market is experiencing one of the most challenging periods of the past decade. In the week ending November 21, prices of the material—a key component of stainless steel production—fell for the seventh consecutive week, hitting a low...
Markets in Motion: Optimism Boosts Base Metals in Shanghai
The morning of November 27th opened with a different tone in the Shanghai base metals market. Despite the typically gray skies of the season, there was a climate of expectation and renewed optimism among financial operators: a sentiment fueled by growing expectations...
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...