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Analysis of the Copper Market in November: Volatility, U.S. Election and Disappointment from China
In the month of November, The LME copper price is marking a 7 percent decline from late October prices, reversing the previous month's bullish trend. After dominating the base metals sector, copper peaked on Oct. 3 and then underwent a correction, falling 5.21 percent...
IREPAS: The Global Long Products Market Amid Sluggish Demand, Chinese Incentives, and the Risk of Aggressive Competition
The latest report from IREPAS, the international association of exporters and manufacturers of long steel products, paints a complex picture for the industry, marked by sluggish global demand and a supply side struggling to find a balance. According to the...
Stainless Steel Imports to Russia Decline: An Analysis of the First Six Months of the Year
Imports of stainless steel into Russia recorded a significant decline in the first half of 2024, showing an overall year-on-year contraction of 3.8 percent, totaling 227,100 tons. This decrease reflects not only internal dynamics within the Russian market, but also...
Resumption of Alumina Production in China: New Developments, Environmental Challenges, and Global Market Impacts
In October 2024, metallurgical alumina production in China saw a significant recovery, despite the difficulties faced by the industry. After a contraction in the previous month, production increased 2.93 percent compared to September and 6.51 percent year-on-year,...