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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...
Aluminium: US imposes countervailing duties on extrusions from China, Indonesia, Mexico and Turkey
On Tuesday, 5 March, the US Department of Commerce announced preliminary countervailing duties on imports of aluminium extrusions from China, Indonesia, Mexico, and Turkey, in an effort to protect the business of domestic extrusion producers. For each country, the...
Steel: growing EU imports from China
European imports of steel products from China are on the rise. In fact, as Eurostat's data shows, in 2023 they came close to 3.8 million tonnes, surpassing the previous record of 3.59 million tonnes in 2022 and touching the highest volumes since 2016, when tonnes had...
Copper: closure of First Quantum’s Panama mine will cost around USD 800 million
According to Trade and Industry Minister Jorge Rivera, the cost of closing the Canadian First Quantum's copper mine in Panama is estimated at around $800m. An inter-ministerial coalition, which is developing the mine closure plan, is working on alternative measures to...