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Argentina Eliminates Steel and Aluminum Export Tariffs: Strategy to Strengthen Competitiveness and Reconnect with the United States
The Argentine government has temporarily reduced export tariffs on steel, aluminum, and their derivatives to zero, according to a presidential decree published on Tuesday, October 7. This measure represents a strategic move to support the international competitiveness...
China’s Finished Steel Exports Decline in November But Increase Year-on-Year
China's finished steel exports decreased in November compared to October, but still increased sharply year-on-year, according to preliminary data released Tuesday, December 10, by the General Administration of Customs in Beijing. In November, China exported 9.28...
U.S. Aluminum Scrap and Secondary Alloy Market Stable Amid Excessive Uncertainty and Cautious Optimism
The U.S. aluminum scrap and secondary alloy market remained stable in the week ending Thursday, October 9, despite uncertainties related to ongoing trade negotiations between the United States and Canada. According to several market sources, the lack of clarity on...
Base Metals Decline on the Shanghai Futures Exchange: US-China Tensions and Higher Supply Weigh on Copper and Tin
Base metal prices on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline in the morning session on Monday, October 13, with copper and tin leading the losses. The decline reflects a combination of renewed geopolitical tensions between the United States...