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World Crude Steel Production Declines in June: China’s Impact Drives Global Volumes
According to data released by the World Steel Association (worldsteel), global crude steel production contracted significantly in June. With 151.4 million tons produced, overall volume fell by 5.8% compared to the same month in 2023. This negative trend is also...
Base Metals Rise on the SHFE: Tin Leads for Third Consecutive Day
During the morning session on Friday, July 25, most nonferrous metals traded on the Shanghai Futures Exchange (SHFE) posted gains, with tin posting the sharpest gain for the third straight day. Commodity Evolution confirms this trend, stating that the positive...
Florence Copper: The New Pillar of US Copper Production
The Florence Copper Project, located in Arizona, represents a major step toward US self-sufficiency in copper production. According to Taseko Mines, the Vancouver, Canada-based owner of the project, the plant will increase domestic refined copper production by 5%,...
Recovering Momentum for the Italian Rebar Market
After months of downward pressure, the Italian rebar market finally appears to be on the road to recovery. For at least two weeks, prices have shown clear signs of recovery, fueled by a combination of supply factors and tactical pre-holiday demand. At the beginning of...