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US Confirms Section 301 Tariffs on Imports of Steel, Aluminium and Critical Minerals from China
The US government announced the confirmation of Section 301 tariffs on a wide range of raw material imports from China, including steel, aluminium, lithium ion batteries, graphite, and other critical minerals. This decision was made official on 13 September by the...
Relaunching EU Economic Competitiveness: Mario Draghi’s Report and the Challenges for the European Steel Industry
A new almost 400-page report by former European Central Bank (ECB) President Mario Draghi outlines the measures needed to boost the economic competitiveness of the European Union (EU). According to Eurofer, the European steel producers' association, this report should...
Falling Sea Freight Costs from Asia: A Look at Recent Dynamics
In recent months, the global ocean freight market has experienced significant fluctuations in costs, with a slight decline in rates for sea freight from Asia to major trade routes. This article explores the causes of these variations, their effects on different...
The Uncertain Future of Ring Trading at the London Metal Exchange: Tradition or Innovation?
The London Metal Exchange (LME), one of the last bastions of ring trading in the financial world, is at a crossroads. Although ‘ring trading’ appears to be safe for the moment, with most of the companies involved pledging to maintain this historic mode of trading, its...