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Italian Steel Production Declines in June But Remains Positive for the First Half
After five months of steady growth, Italian steel production slowed in June 2025. According to the latest data, production stood at 1.8 million tons (Mt), a 3.2% decline year-over-year. However, this monthly slowdown does not affect the positive trend observed in the...
U.S. Aluminum Scrap Market Remains Sluggish Amid Regulatory Uncertainty and Summer Slowness
The U.S. aluminum scrap market continued to experience subdued activity in the week ending Thursday, July 17, reflecting the typical summer slowdown and lingering uncertainty over tariff policies. Several sources confirmed that prices remained largely unchanged, with...
Base Metals Rise Sharply on the SHFE: Zinc Leads Recovery
On Monday, July 21, prices of all base metals traded on the Shanghai Futures Exchange (SHFE) rose sharply during morning trading, supported by macroeconomic optimism and signs of geopolitical easing. Of all base metals, zinc led the rise, posting the sharpest...
Vietnam Introduces 2% Duty on HDPE and LLDPE to Support Local Producer LSP
In a strategic effort to strengthen its domestic petrochemical industry, the Vietnamese government has introduced a 2% import duty on two key types of polyethylene: HDPE (high-density polyethylene) and LLDPE (linear low-density polyethylene). The measure took effect...