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Concerns over Tariffs: Uncertainty on International Trade Grows
Anxiety related to tariffs-as well as the already significant uncertainty over White House trade policy-increased this week as the April 2 deadline approached, the date by which several official communications on tariffs are expected. The Trump administration has...
World Crude Steel Production Declining: Data from the World Steel Association
The World Steel Association (worldsteel) reported that world crude steel production fell 3.4 percent year-on-year in February to 144.7 million tons. In the first two months of the year, the overall figure contracted 2.2 percent to 302 million tons. Regional Trends:...
World Aluminum Production in the First Two Months of 2025
In the first two months of 2025, world primary aluminum production increased year-on-year by 0.85 percent to a total of 11.89 million tons. However, according to data from the International Aluminium Institute, the decline in production on a monthly basis...
Stability of the European Hot Rolled Coils Market
The European coils market has shown substantial stability over the past week. Prices have remained virtually unchanged, with attempts by producers to raise prices coming up against still weak demand and cautious buyers. In Italy, producers are offering hot-rolled...