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Steel: Italian production slows in February, Ilva’s impact evident
According to data recently published by Federacciai, crude steel production in Italy fell significantly in February 2024. This decrease of 3.9% compared to the same period last year reflects the effect of Ilva on domestic production. Nevertheless, the month-on-month...
The challenges of Dragon shipping: an analysis of China’s rising steel exports
China's steel exports are increasing significantly, reaching levels not seen in over eight years. This phenomenon, however, is not without consequences and raises important questions both domestically and globally, especially considering the current context marked by...
Aluminium: Glencore channels material of Russian origin into LME warehouses
In a recent investigation, commodities trader Glencore was found to have made significant deliveries of Russian-origin aluminium to London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea. These deliveries shed light on the challenges faced by...
The metals community continues to expect new stimulus measures from Chinese leaders
Investors, traders and the metals community continue to anticipate new stimulus measures from China's leaders, which could boost economic growth, increase metal consumption and influence metal prices. However, they remain rather disappointed with the 5% growth target...