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Cobalt Prices at Lowest Since 2019: Excess Production Weighs on Market
Cobalt prices hit their lowest level since 2019, dragged down by record production that continues to depress the value of this key battery material. On Jan. 23, 2025, Cobalt 99.80 percent-Europe prices stood at €23,220/mt, down 264 percent from the highs recorded in...
Record Increase in Steel Imports to the European Union: +12% in the First Days of 2025
Steel imports to the European Union (EU) increased by an average of more than 12 percent year-on-year in the first ten days of the first quarter of 2025. As of January 13, the total volume of steel imports transacted under the Tariff Rate Quotas reached 2.2 million...
Trump Relays Duties on Copper and Aluminum: a Plan That Could Burden American Consumers
President Donald Trump has announced plans to introduce new tariffs on copper and aluminum imports to the United States, a move aimed at boosting domestic production of materials essential to the U.S. military and manufacturing industries. However, according to...
Assofermet’s position on steel safeguard measures
Assofermet, the Italian association of scrap, raw material and steel distributors, recently took a clear position in response to the European Commission's (EC) decision to reintroduce safeguard measures for steel imports. The association expressed clear opposition to...