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Europe’s Push for New Sanctions on Russian Metals: A Leadership Role for Poland
Ten European Union (EU) countries, led by Poland, recently made a joint call for tougher sanctions against metals from Russia, with a focus on aluminum. This initiative is a strategic step to reduce one of Moscow's main sources of revenue, second only to fossil fuels,...
Trump’s proposed 25% tariffs: possible economic and trade repercussions for Canada, Mexico, and the U.S.
President-elect Donald Trump's proposals to impose 25 percent tariffs on all imports from North America's trade allies-Canada and Mexico-could profoundly rewrite the dynamics of trade in the region, generating high costs for key sectors and affecting both American...
European Hot Rolled Coils (HRC) Market: Slight Recovery Before the Holidays, but Stable Prices
On Friday, December 13, the European Hot Rolled Coils (HRC) market saw a slight increase in sales. However, prices remained almost unchanged, below manufacturers' target offers, according to market sources. This increase in activity was not driven by demand growth or...
Copper in 2024: Speculation, Records and Uncertain Future for the Red Metal
Copper has had a turbulent year in 2024, attracting not only the usual investors but also speculators from areas far removed from traditional commodities. The main thrust? Artificial intelligence (AI). Data center-related infrastructure for AI has been presented as...