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Growth of Alumina Stocks in China: A Detailed Analysis of the Market
The beginning of June brought significant news for the aluminum sector in China, with an analysis of the Shanghai metals market showing a buildup of alumina stocks at the country's aluminum smelters, and a notable increase in aluminum production. These developments...
India and the European Union: A Standoff on Steel Safeguard Duties
The recent lack of agreement between India and the European Union (EU) on the issue of trade concessions and offsets highlights the complex dynamics of global trade relations. On Tuesday, June 18, government officials said the two sides failed to agree on the level of...
Copper in China: An Evolving Market amid Concentrate Shortages and Record Prices
Copper scrap imports to China are increasing due to a shortage of concentrate, which is processed into refined metal used in the power and construction industries. However, record copper prices (although currently retracing) are likely leading to a halt in shipments...
Steel Prices on the Descent: Analysis of the U.S. Market
In June 2023, flat-rolled steel prices in the United States (U.S.) showed a downward trend, accelerating declines from previous months. HRC (hot-rolled coil) prices fell nearly 9 percent, marking the most significant monthly decline since February. Prices of CRC...