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Aluminum Scrap Prices Rise in Southeast Asia Despite Chinese Market Pause
Despite demand from the region's largest consumer, China, remaining sluggish during the holidays, import prices of aluminum scrap in Southeast Asia resisted bearish signals, rising in the week ending Tuesday, October 7, according to sources at Commodity Evolution....
Italy, Slab Market Remains Stagnant Amid Uncertainty and Expectations Over EU Measures
The Italian imported steel slab market remained stable in the week ending Thursday, October 9th, with virtually no trading and a widespread wait-and-see attitude among operators. "Yes, the market is very quiet right now," commented an international slab trader. "I...
Europe Freezes Heavy Plate Prices as Brussels Prepares Trade Crackdown
Heavy plate prices in Europe remained unchanged in the week ending Thursday, October 9, but the apparent calm masks growing tension in the steel sector. Market sources report that attention is now focused on the European Commission's proposal to drastically reduce...
Beijing Tightens Controls on Rare Earths
China has made a new strategic move in the field of critical raw materials. On Thursday, October 9, the Chinese Ministry of Commerce announced tightening restrictions on the export of rare earth processing technology, expanding existing bans and clarifying its...