Analysis of the Copper Market in November: Volatility, U.S. Election and Disappointment from China
In the month of November, The LME copper price is marking a 7 percent decline from late October prices, reversing the previous month's bullish trend. After dominating the base metals sector, copper peaked on Oct. 3 and then underwent a correction, falling 5.21 percent...
IREPAS: The Global Long Products Market Amid Sluggish Demand, Chinese Incentives, and the Risk of Aggressive Competition
The latest report from IREPAS, the international association of exporters and manufacturers of long steel products, paints a complex picture for the industry, marked by sluggish global demand and a supply side struggling to find a balance. According to the...
Stainless Steel Imports to Russia Decline: An Analysis of the First Six Months of the Year
Imports of stainless steel into Russia recorded a significant decline in the first half of 2024, showing an overall year-on-year contraction of 3.8 percent, totaling 227,100 tons. This decrease reflects not only internal dynamics within the Russian market, but also...
Strengthening Dollar and Falling Precious: Gold and Silver Facing Market Pressures and Structural Deficits
In recent weeks, precious metals markets have experienced significant volatility, with gold and silver at the center of global dynamics related to both U.S. elections and industrial supply and demand trends. Donald Trump's election victory has led to a strengthening...
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