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The Copper Market and Federal Reserve Decisions: Analysis
The copper market, along with other base metals, has recently fallen significantly following statements by the U.S. Federal Reserve, which indicated that interest rates are likely to remain higher than previously expected. This outlook has raised concerns about future...
Global Exports of Steel Products in 2023: A Detailed Analysis
In 2023, the steel sector experienced significant growth in global steel product exports, reaching a total of 402.8 million tons. This represents a 6.4 percent increase over the previous year, according to the "World Steel in Figures 2024" report released by the World...
Steel: The Impact of the European Commission’s Announcement on Import Safeguards
The European Commission's (EC) recent announcement to propose changes to safeguard measures on steel imports has already triggered a number of reactions in the market. The proposal to limit the quarterly quota of EU hot-rolled coils (HRC) to 15 percent for countries...
European Commission Extends Safeguard Measures on Steel Imports: A Blow to European Companies’ Competitiveness
In recent days, the European Commission (EC) notified the World Trade Organization (WTO) of its intention to extend safeguard measures on steel imports for another 24 months, introducing an extremely low ceiling on imports from some countries. This decision could...