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Detailed Analysis Of Industrial Production In Europe To December 2024
According to data released by the European statistical office Eurostat, seasonally adjusted industrial production contracted 1.1 percent in the euro area and 0.8 percent in the 27-member European Union (EU-27) in December 2024, compared with the previous month. These...
The European Steel Market: Stability and Price Rise between Domestic Demand and Falling Imports
European hot-rolled coil (HRC) prices remained stable or rose slightly on Thursday, Feb. 13, thanks to increased purchasing activity and limited import availability. However, this positive trend is not so much driven by growth in demand but rather by reduced foreign...
Norsk Hydro And The Market Challenges: Rising Costs And Weak Demand Brake Profits
Norwegian aluminum giant Norsk Hydro reported lower-than-expected quarterly profit growth due to the combined impact of higher costs and weak demand in the processing sector. These factors offset benefits from higher alumina and aluminum prices in global markets....
The Us-Ukraine Minerals Deal: A Post-War Security Shield
US Treasury Secretary Scott Bessent stated on Wednesday that a minerals deal between Kyiv and Washington could provide Ukraine with a "security shield" in the post-war period. President Volodymyr Zelensky expressed hope to finalize the agreement within days. The...