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Copper Price Surpasses $10,000 a Ton Thanks to Chinese Stimulus Measures for the Real Estate Sector
As anticipated on 12 September in an article in Il Sole 24 Ore Plus and reiterated several times by the Commodity Evolution Market Research Department the price of copper surpassed the $10,000 a tonne mark on Thursday, buoyed by new stimulus measures adopted by China...
Stainless Scrap Market: Weak Demand and Falling Prices
The stainless scrap market continues to be affected by weak demand and shrinking consumption. Over the past few weeks, this has been reflected in continued pressure on prices, with further reductions expected in the coming months. In September, domestic demand for...
European steel market in crisis: HRC prices in free fall due to stagnating demand and oversupply
The steel market in Europe is facing a period of great instability, with hot-rolled coil (HRC) prices falling steadily. At the expense of this are European producers, who find themselves selling at prices increasingly close to or below production costs in a context of...
Steel in crisis: India faces wave of cheap imports from China
India's steel industry is on alert to an increasing influx of cheap steel from China, which is putting pressure on local producers. In a letter addressed to Finance Minister Nirmala Sitharaman, the Indian Steel Association (ISA) called for immediate action, urging a...