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Steel and aluminium: India will be able to export them to the US without paying additional duties
In a statement issued by the Indian government, it was announced that an agreement has been reached with the US government on the establishment of a joint inspection mechanism that will allow steel and aluminium products to be exported to the United States (US)...
European aluminium premiums: balancing bullish sentiment and the reality of demand
The recent rise in European P1020 aluminium premiums amid renewed bullish sentiment marked the end of 2023, raising questions about the fundamentals of the high levels as long-term visibility and demand expectations remain suboptimal. On 2 January, European duty-paid...
Copper: prices under pressure from strengthening dollar
LME copper prices were down from the highs recorded on 28 December due to the strengthening dollar, while losses were limited by improving industrial activity data from China, the main consumer, and low inventories of the metal in Shanghai. Benchmark copper on the...
Wire rod steel: Turkey imposes temporary safeguard measures on imports
According to a statement published in the Official Gazette, Turkey announced the preliminary results of the safeguard investigation on imports of alloyed and unalloyed wire rod. A temporary safeguard measure of USD 175/tonne was imposed on wire rod imports for 200...