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Stainless Steel Flats and Electrical Sheets: Weak Demand and Prices Under Pressure in Europe
In June and early July, the European market for stainless steel flats continued to show signs of weakness, reflecting a less dynamic final demand context. Industry operators described a situation in which steel mills received a limited order load, due to a structural...
Reciprocal Tariff Deadlines Coming: July 9 Near
The July 9 deadline for the temporary suspension of reciprocal tariffs announced by the White House in April is rapidly approaching. The U.S. administration has said it aims to conclude negotiations with its top 10 trading partners soon after July 4, suggesting it...
Copper Demand to Grow 40% by 2040: A New Strategic Gold?
At the London Indaba conference on June 24, the heads of three mining giants – Anglo American, Vedanta and First Quantum – issued a clear warning: global demand for copper is set to grow 40% by 2040, while the United States has not opened a new mine in over three...
Mixed Price Trends for Base Metals on SHFE: Tin Leads Downward
Non-ferrous metal prices listed on the Shanghai Futures Exchange (SHFE) showed a mixed trend on Wednesday morning, July 2, reflecting an uncertain macroeconomic environment and market dynamics specific to each metal. Among all of them, tin recorded the sharpest...