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Construction industry outlook: commodity price trend in 2024
Long products made of slightly stable US steel As expected, prices for long steel products in the United States have remained stable or increased slightly over the past month, despite the negative effect that winter weather has had on construction activity. However,...
Copper: Chinese smelters discuss cutting production due to falling tariffs
China's largest copper smelters will meet in Beijing next week to discuss measures to counter the collapse in ore processing tariffs, which have fallen to their lowest level in years, including potential production cuts. At least 15 smelters have been invited to the...
Steel: China will continue to ship material through the Red Sea despite attacks
Chinese suppliers will continue to ship steel through the Red Sea route even though a ship carrying Chinese steel products to Saudi Arabia was attacked and damaged on March 6. The attack was the first to hit Chinese steel exports and the ship -- True Confidence -- was...
Aluminium: CME contract volumes have increased as well as the number of participants
In recent months, activity on the CME aluminium contract has shifted into high gear: volumes have increased and the number of participants has expanded. The contract is still small compared to the London Metal Exchange (LME), which will not soon lose its status as a...