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Falling Polystyrene Prices in Asia: General Trends and Market Factors
A leading Asian industry source, who requested anonymity, reported to that international oil prices have been rising daily. This increase was fueled by speculation of a possible tightening of U.S. sanctions against Iran. However, Ukraine's acceptance of a proposed...
European Union Responds to U.S. Steel Duties: Countermeasures and Economic Impacts.
The European Commission (EC) has announced a series of countermeasures in response to the 25 percent duties imposed by the United States on steel products imported from all countries without exception. These duties, which officially went into effect today, cover a...
Futures Market: An analysis of the latest trends in aluminum contracts
The primary aluminum futures market has seen significant movements in the past 24 hours. Overnight, the SHFE aluminum 2504 contract opened at RMB 20,880 per ton, touching a high of RMB 20,910 and a low of RMB 20,810, and then closed at RMB 20,830 per ton, marking an...
European Union Reviews Safeguard Measures on Steel: Impacts and Market Reactions
The European Union (EU) has announced a series of proposed changes to its steel safeguard measures, as detailed in a notification released March 10. These adjustments are the European Commission's response to the growing difficulties of the European steel sector,...