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Italy’s struggling steel industry in November: Steel, numbers and outlook for an industry under pressure
November marks a new contraction for the Italian steel sector, which is struggling to consolidate the recovery glimpsed in October. Domestic steel mills produced 1.8 million tons (M.t.) of steel, registering a 4.4 percent year-on-year decline, which contributed to a...
Europe’s Push for New Sanctions on Russian Metals: A Leadership Role for Poland
Ten European Union (EU) countries, led by Poland, recently made a joint call for tougher sanctions against metals from Russia, with a focus on aluminum. This initiative is a strategic step to reduce one of Moscow's main sources of revenue, second only to fossil fuels,...
Trump’s proposed 25% tariffs: possible economic and trade repercussions for Canada, Mexico, and the U.S.
President-elect Donald Trump's proposals to impose 25 percent tariffs on all imports from North America's trade allies-Canada and Mexico-could profoundly rewrite the dynamics of trade in the region, generating high costs for key sectors and affecting both American...
European Hot Rolled Coils (HRC) Market: Slight Recovery Before the Holidays, but Stable Prices
On Friday, December 13, the European Hot Rolled Coils (HRC) market saw a slight increase in sales. However, prices remained almost unchanged, below manufacturers' target offers, according to market sources. This increase in activity was not driven by demand growth or...