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GST Rate Reform in India: New Momentum for Autos and Aluminum
The Indian Ministry of Finance, led by Nirmala Sitharaman, approved a major tax rate revision during the 56th GST Council meeting, which will have a profound impact on the automotive sector. Effective September 22, Vehicles under 4 meters in length, with engines up to...
Global Coil Prices: United States and Europe Between Stability, Rebounds, and Regulatory Expectations
The US hot-rolled coil (HRC) market showed mixed signals in early September, due to the post-holiday reopening and limited spot activity. In the South, prices consolidated around $830/ton, supported by reasonable material availability and still short lead times (3-4...
Italian Rebar Market After the Holidays: Patchy Demand
The first week after the holidays brought little significant change to the Italian rebar market. The sector remains divided: some areas, such as Central Italy, are showing a certain liveliness, while others remain marked by a decidedly slower pace. A trader explained...
European Copper Market: Premiums Decreasing Amid Weak Demand and Post-Summer Stagnation
The European copper market experienced a two-week standstill until Tuesday, September 2nd, with no signs of recovery in the first few days of the month. Weak demand and limited post-summer activity kept premiums under pressure, confirming a downward trend already...