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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...
Analysis of Steel Production in Italy as of May 2023
In May 2023, the Italian steel industry recorded steel production of 1.9 million tons (M.t.), marking a decrease of 3.5 percent compared to the same month of the previous year. Since the beginning of the year, total production has reached 9.0 M.t., registering a 5.5...