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Fall in ocean shipping rates between Asia and Europe: signs of an early end to the peak season
Sea freight rates between Asia and Northern Europe, as well as to the Mediterranean, dropped further last week, recording prices 20% below the peaks reached in July. This could mark an early end to the peak season which, in turn, had started earlier than...
Resumption of steel production in Ukraine: positive signs despite difficulties
The Ukrainian steel industry showed signs of recovery in 2024, with significant increases in the production of pig iron, crude steel and finished products, despite the economic and geopolitical difficulties the country is facing. According to data published by the...
Arvedi AST and the Energy Crisis: The Temporary Closure of the Electric Furnace in Terni
The Italian steel sector is facing one of its toughest challenges in recent years due to soaring energy costs. Arvedi AST, one of Italy's leading steel producers, recently announced the temporary suspension of one of its two electric arc furnaces at its Terni plant, a...
Copper Prices Rebound: Economic Stimulus and Stock Data Support the Market
On Monday, LME copper prices rebounded, driven by renewed hopes of economic stimulus in China, the world's largest copper consumer, and inventory data suggesting a possible reduction in stocks. This triggered a flurry of frenzied buying, just days before the release...