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Gold at Historic Highs: The Federal Reserve and Markets in Turmoil
Gold prices rose on Thursday morning, reaching record highs after the US Federal Reserve made a dramatic interest rate cut. Spot gold is up 0.50 per cent from yesterday's close at $2,582 per ounce, as of 10:25 a.m. (Italian time), following an all-time high of...
The impact of copper prices on molybdenum supply: an uncertain future for the mining sector
The molybdenum market is in a delicate and complex phase, with its production and supply closely linked to copper prices, which are currently at a standstill. Climax Molybdenum expressed concerns about the future prospects of molybdenum supply. Challenges in...
Italian Steel Production in August 2024: Lights and Shadows on an Evolving Sector
In August 2024, domestic steel production in Italy decreased by 2.7% compared to the same month of the previous year, reaching 764 thousand tonnes. This figure represents an attenuation compared to the 3.9% drop recorded in July, a sign of a sector that, although in...
Growth of China’s Aluminium Imports and Exports in August 2024: Signs of Market Recovery
In August 2024, China's imports and exports of raw aluminium and aluminium products increased significantly, reflecting a growth in domestic production and a gradual recovery in demand, in line with the increase in foreign orders for Chinese semi-finished aluminium...