Loading
HRC steel: weak rebound for prices due to still high inventories
Hot-rolled coil prices in Northwest Europe weakly rebounded on Sept. 26 due to limited trading activity caused by high distributor inventories and slow demand from end consumers. Prices stood at 767 euro/mt, slightly recovering from 760 euro/mt the previous day (+0.92...
Metals: supercycle remains intact thanks to energy transition demand
According to Benedikt Sobotka, CEO of Eurasian Resources Group, the metals markets remain fundamentally in the "supercycle" identified in recent years despite the current global economic slowdown and falling prices, with demand for a wide range of metals continuing to...
Copper: brief price recovery on weakening dollar
Copper prices are rebounding Tuesday on the back of a weakening dollar that has made the $-listed metal cheaper for holders of other currencies, although worries about a global slowdown have dampened gains. Three-month copper on the London Metal Exchange is rising...
Gas: UAE agrees to supply Germany
The United Arab Emirates agreed Sunday to supply natural gas and diesel to Germany under an "energy security" agreement to replace Russian supplies. Industry Minister Sultan Ahmed Al Jaber called the agreement "a milestone" that "strengthens the rapidly growing energy...