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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...
Putin Threatens Restrictions on Uranium, Titanium and Nickel: Implications for the Global Economy
Russian President Vladimir Putin announced on Wednesday that Moscow might consider introducing restrictions on uranium, titanium and nickel exports as a response to sanctions imposed by the West. This statement, made during a meeting with government ministers,...
The Copper Rush: Glencore, Mercuria and Trafigura Acquire Metal from the DRC
Glencore Plc, Mercuria Energy Group and Trafigura Group recently acquired copper from state-owned mining giant Gécamines in the Democratic Republic of Congo (DRC). This is a significant move for the industry, as it is the first time that Gécamines is marketing metals...
Fall in ocean shipping rates between Asia and Europe: signs of an early end to the peak season
Sea freight rates between Asia and Northern Europe, as well as to the Mediterranean, dropped further last week, recording prices 20% below the peaks reached in July. This could mark an early end to the peak season which, in turn, had started earlier than...