Loading
US port crisis: ILA strike looms over global economy
In less than five days, the current contract of the International Longshoremen's Association (ILA) will expire, and a possible large-scale strike looms on the horizon that could paralyse many of the US ports along the East and Gulf coasts. Negotiations between the ILA...
Decline in World Crude Steel Production: An Analysis of Global Dynamics in August
In the global steel landscape, the World Steel Association (Worldsteel) recently reported a decline in global crude steel production. In August 2024, production fell by 6.5 per cent year-on-year to 144.8 million tonnes. The period from January to August this year also...
China’s Stainless Steel Trade Performance: An August Analysis
In August, data on China's import and export of stainless steel showed interesting dynamics, with contrasting trends compared to the previous month and on a year-on-year basis. On the one hand, Chinese exports saw significant growth, while imports declined. These...
Aluminium Price Trends: An Analysis of the Global Market and Implications for the Future
The aluminium market has seen a modest recovery, hovering in a 16% range between August and September 2024. Despite this growth, aluminium prices continue to move sideways, failing to consolidate an upward trend. In fact, prices showed some recovery in August, peaking...