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Copper and Base Metals: Prices under pressure amid technical factors, strong dollar and political uncertainties
Copper prices in London (LME) fell, driven by a stronger dollar and technical dynamics that have dampened the recent recovery. Meanwhile, the market awaits clearer signals on demand from China, the world's largest metals consumer, and developments in global trade...
Novelis and the Growth of Demand for Aluminum: Between Innovation, Sustainability and New Opportunities
Amid the global landscape of sustainability and the growing focus on the ecological transition, Novelis, a world leader in aluminum rolling and recycling, predicts a 2025 characterized by strong demand for aluminum. Growth opportunities are identified in key sectors...
India assesses 25 percent duty on steel imports: a move to protect domestic industry
India's Ministry of Steel recently proposed the introduction of a 25 percent safeguard duty on certain categories of imported steel. The proposal, made during a Dec. 2 meeting between Steel Minister H.D. Kumaraswamy and Minister of Commerce and Industry Piyush Goyal,...
HRC hot-rolled steel prices in Europe: stalling and waiting for long-term contracts
The hot-rolled (HRC) steel market in Europe remained almost stable on Dec. 3, with prices affected by ongoing negotiations for long-term contracts between producers and end users. This uncertain situation is slowing down transactions and maintaining a wait-and-see...