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European steel market in crisis: HRC prices in free fall due to stagnating demand and oversupply
The steel market in Europe is facing a period of great instability, with hot-rolled coil (HRC) prices falling steadily. At the expense of this are European producers, who find themselves selling at prices increasingly close to or below production costs in a context of...
Steel in crisis: India faces wave of cheap imports from China
India's steel industry is on alert to an increasing influx of cheap steel from China, which is putting pressure on local producers. In a letter addressed to Finance Minister Nirmala Sitharaman, the Indian Steel Association (ISA) called for immediate action, urging a...
Kamala Harris: an ambitious plan to create a national reserve of critical minerals
At a time when dependence on critical minerals is becoming increasingly important to the US economy and national security, Vice President Kamala Harris announced an ambitious plan to create a national reserve of these strategic resources. The initiative, part of a...
Clear Street targets the London Metal Exchange: the renaissance of open-outcry?
The industrial metals market is going through an evolutionary phase and, in this context, the interest of Clear Street, a US broker, could mark a crucial moment for the future of the London Metal Exchange (LME). According to sources close to the matter, Clear Street...