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China’s Control over the Copper Smelting Industry in 2024
During 2024, China stepped up efforts to control the expansion of its copper smelters, whose rapid growth was causing profit margins to shrink despite a booming market. To address this situation, the Chinese government has introduced new and stricter regulations for...
Democratic Republic of Congo Suspends Cobalt Exports for Four Months
The Democratic Republic of Congo (DRC) has announced the suspension of cobalt exports for a period of four months. The decision was made with the aim of containing the oversupply of this strategic metal on the international market, better regulating availability and...
Crude Oil Prices: Weekly Decline and Future Outlook
Crude oil prices closed lower last week, with energy futures losing all of the gains accumulated in mid-week due to weaker-than-expected economic growth indicators in the United States. Rising inventories and growing concerns about demand contributed to this negative...
Hot Rolled Steel Prices in Europe: Stability and Prospects for Growth
The European hot-rolled (HRC) steel market remained mostly stable on Feb. 20, with traders taking a cautious approach to purchases in anticipation of possible price increases. The discussion on safeguard quotas and import restrictions continues to be a central issue,...