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Italy’s struggling steel industry in November: Steel, numbers and outlook for an industry under pressure
November marks a new contraction for the Italian steel sector, which is struggling to consolidate the recovery glimpsed in October. Domestic steel mills produced 1.8 million tons (M.t.) of steel, registering a 4.4 percent year-on-year decline, which contributed to a...
Europe’s Push for New Sanctions on Russian Metals: A Leadership Role for Poland
Ten European Union (EU) countries, led by Poland, recently made a joint call for tougher sanctions against metals from Russia, with a focus on aluminum. This initiative is a strategic step to reduce one of Moscow's main sources of revenue, second only to fossil fuels,...
European Hot Rolled Coils (HRC) Market: Slight Recovery Before the Holidays, but Stable Prices
On Friday, December 13, the European Hot Rolled Coils (HRC) market saw a slight increase in sales. However, prices remained almost unchanged, below manufacturers' target offers, according to market sources. This increase in activity was not driven by demand growth or...
Copper in 2024: Speculation, Records and Uncertain Future for the Red Metal
Copper has had a turbulent year in 2024, attracting not only the usual investors but also speculators from areas far removed from traditional commodities. The main thrust? Artificial intelligence (AI). Data center-related infrastructure for AI has been presented as...