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Although global economic growth forecasts for 2024 and 2025 have increased, they have remained below the annual historical average
According to the World Economic Outlook report published by the International Monetary Fund (IMF), global economic growth, which is projected to be 3.2 percent in 2023, is expected to continue at the same pace in 2024 and 2025. The growth forecast for 2024 is 3.2...
Steel: ArcelorMittal raises prices of long products across Europe
ArcelorMittal has increased the price of long steel products by 20 euros ($21.28) per ton across Europe, sources said on the sidelines of the Wire and Tube fair in Dusseldorf. In the first week of April, prior to the price increase, ArcelorMittal offered rebar in...
Italy will try a new import procedure to avoid taxes
The Customs and Monopolies Authority has launched new experimental solutions that will make steel imports more flexible for Italian companies subject to quotas, starting with the new quota period that began on 1 April. Before the introduction of the new procedures,...
Lithium: Asian prices to remain stable in second quarter thanks to measured demand and ample supply
Asian lithium prices are expected to remain broadly stable at around 100,000 yuan/ton ($13,800) in the first half of the second quarter, although traders are not discounting the possibility that levels will soften due to prevailing oversupply, while demand is expected...