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Chinese Stainless Steel Stalled: Production High, Prices Stable, and Asia Slightly Rising
After hitting its lowest level in three and a half months in mid-November, the Chinese domestic stainless steel market spent the week ending December 3rd in a period of stability that appears more like a fragile equilibrium than a true pause. In a context dominated by...
Steel Under Pressure Between Europe and the United States: Weak Demand, Declining Tariffs and Inventories Reshape the HRC Market
The global hot-rolled coil (HRC) market is experiencing a period of sharp divergence: Europe continues to navigate a climate of sluggish demand and regulatory uncertainty, while in the United States, prices are rising, driven by tight supplies, reduced inventories,...
European Ferro-Titanium in Balance: Stable Prices, Divergent Scrap, and Year-End Logistics Pressures
The week ending Wednesday, December 3rd, presented the European ferro-titanium market with a seemingly calm picture. Prices remain stable, scrap dynamics show increasingly marked divergences, and the aerospace industry continues to ensure a plentiful flow of material....
Glencore Downgrades Forecast: Copper Enters New Phase of Global Pressure
Glencore, one of the world's largest mining and trading groups, has sounded a new alarm for the metals industry: it will produce less copper than expected in 2026. The revision is not insignificant. The Swiss giant has announced that next year's production will be...