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Steel: European mills struggle to raise CRC and HDG prices due to low demand and competitive imports
On 15 November, European steel producers were aiming to increase prices for downstream flat products, but weak demand and competitive imports hampered their bullish moves. In Northern Europe, integrated producers were hoping for increases of EUR 30-50 (USD 32-54) per...
Renewable energy: a possible trade war for electric vehicles on the horizon
Battery technology for electric vehicles (EVs) could come under commercial review in the near future. The European Union is investigating Chinese subsidies for electric vehicles, and potential tariffs on Chinese imports are on the horizon. EV battery technology and...
Non-ferrous metals: signs of improvement on the speculative front
Non-ferrous metal quotations, some more and some less, have been reacting for a few days now. Leaving aside the technical component, which is giving interesting signals in the short term, let us analyse how the speculative component, which is now well established in...
Copper: Chinese smelters are divided on finalising TC/RCs for 2024
An agreement between Chinese copper smelters and the Chilean miner Antofagasta, which could define the minimum price of copper concentrate in 2024, is stalling due to conflicting opinions and a wide gap between supply and demand. The first annual agreement between...