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Europe Freezes Heavy Plate Prices as Brussels Prepares Trade Crackdown
Heavy plate prices in Europe remained unchanged in the week ending Thursday, October 9, but the apparent calm masks growing tension in the steel sector. Market sources report that attention is now focused on the European Commission's proposal to drastically reduce...
Beijing Tightens Controls on Rare Earths
China has made a new strategic move in the field of critical raw materials. On Thursday, October 9, the Chinese Ministry of Commerce announced tightening restrictions on the export of rare earth processing technology, expanding existing bans and clarifying its...
US Nonferrous Metals: Premiums Are Quiet, Amid Oversupply, Tariffs, and Apathetic Markets
The US nonferrous metals market has entered a period of apparent calm. During the week ending Tuesday, October 7, premiums for copper, zinc, nickel, and tin showed little or no movement, reflecting a precarious balance between weak demand, abundant inventories, and...
US: Cold-Rolled and Galvanized Prices Steady, Weak Demand Until Year-End
Cold-rolled coil (CRC) and hot-dip galvanized (HDG) prices in the United States remained unchanged for the week ending Thursday, October 9, amid weak demand and a stagnant outlook for the rest of the year. The domestic ex-works price of cold-rolled coil (CRC) was...