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Steel: bearish outlook for the global long market
The Global Association of Long Steel Producers and Exporters said the long products industry has been negatively affected by declining exports and imports, as well as weakening demand for steel due to the holiday season. The drop in production in 2022 is reflected in...
Italian Ferrous Scrap: Assomefermet’s note on the current market
DOMESTIC FERROUS SCRAP April: market influenced by the various holidays saw sluggish demand and a drop in quotations at the end of the month. Scrap availability was less good, affected by the various holidays. Sentiment for these first few days of May is currently...
Rare earth: Vietnam increases production tenfold
Vietnamese mining production of rare earths increased tenfold last year, US figures show, as global companies flocked to the south-east Asian country with the second largest deposits in the world to reduce dependence on China for key industrial metals. Previous...
Copper: global metal smelting has fallen to a two-year low, according to satellite data
Global copper smelting activity fell in April to its lowest level in two years, due to the closure of Chinese operations for maintenance and the slowdown of plants in North America, satellite surveillance data from metal processing plants showed on Friday. According...