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Historic Agreement Between Anglo American and Codelco to Increase Copper Production
Multinational mining company Anglo American recently signed a memorandum of understanding (MoU) with Codelco, the Chilean state mining company, to create a new joint operating company. This strategic agreement aims to reorganize the copper market by increasing the...
The Impact of U.S. Tariff Decisions and the Chinese Stimulus on Base Metals.
U.S. tariff decisions, along with China's economic stimulus, supported the prices of all base metals listed on the London Metal Exchange (LME) in the week ending Friday, March 7. Here are the three-month futures prices at the LME recorded at 9 a.m. on Friday, March 7,...
Steel Market Trends in Italy: Between Price Pressures and Global Dynamics
Italy's steel sector continues to navigate turbulent waters, with the rebar sector facing a difficult phase and the cast iron market strained by global supply dynamics. While rebar quotations are falling further due to weak demand, the price of cast iron is showing an...
Dynamics of the LLDPE Market in Europe: An In-depth Analysis
Recent reports have shown a decline in LLDPE (linear low density polyethylene) spot prices due to a combination of factors including lower bids and a decrease in business activity. This decline was also influenced by the devaluation of the euro against the U.S....