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Copper: Price moves in a narrow range ahead of Fed rate decision
Copper prices moved in a narrow range on Wednesday amid caution ahead of the US Federal Reserve's interest rate decision, expected later in the day, while rising stocks limited any strong gains. Three-month copper on the London Metal Exchange (LME) was steady at...
Germanium and gallium: China did not export them in August due to export limits
Chinese exports of germanium and gallium products in August plummeted to zero, customs data showed on Wednesday, due to new export controls on the two metals for chip production. Beijing did not export any germanium products last month, down from 8.63 tonnes in July,...
Steel: European distributors create a large EU buying group
Five European purchasing groups have created a large purchasing unit called Astedis covering a European network. The distributor groups that signed a joint cooperation agreement include Spain's Coalsider, Poland's European Steel Group, Germany's Nordwest, Italy's...
Turkish steel: long products market slows down due to weak demand – word from IREPAS
Murat Cebecioğlu, president of IREPAS and chairman of the Producers' Committee, said that the long products market has slowed down due to weak demand, which has put strong pressure on prices. Commenting on the general market situation, Cebecioğlu said that importers...