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Chinese Billet Price Trends and Impacts on the International Market.
After a week marked by a bullish trend, Chinese billet prices have fallen significantly in recent days, losing a total of at least $20 per ton. Bids for 3SP billets from China were between $420 and $430 per ton FOB yesterday, approaching the lowest level recorded in...
The Italian rebar market between bearish expectations and manufacturers’ resistance
After the summer break, operators in the Italian rebar market are gradually resuming their activities, but the current environment presents conflicting price dynamics. Although it is still too early to draw definitive conclusions, some sources are already reporting a...
The rare earths market: price rises and new global challenges
The rare earth market experienced a general upturn in the last month of trading after months of steady decline. Several components of the rare earth index, including neodymium and terbium oxide, reversed their downward trend, driven by China's recent crackdown on the...
Codelco makes a $500 million bid for a 10% stake in the Quebrada Blanca copper mine: a strategic move against BHP expansion
Chilean state-owned mining company Codelco announced on Tuesday a $500 million bid to acquire a 10% stake in the Quebrada Blanca copper mine, controlled by Canadian company Teck Resources, from Chile's other state-owned company, Enami. This deal could mark a...