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European flat steel prices stable: producers defend current levels
In the week ending Wednesday 14 May, prices for downstream flat steel products, in particular cold-rolled (CRC) and hot-dip galvanized coil (HDG), remained mostly stable in European markets, with local producers oriented to maintain current levels rather than...
Spot Tin Market in Asia: Uncertainty and Expectations Hold Back Liquidity
The Asian spot tin market showed signs of slowing down in the week ending Friday, May 16, with little trading activity and traders adopting a wait-and-see strategy, according to market participants. This lull was reflected in the stability of spot premiums: The...
Guinea Revokes 46 Mining Licenses: Political Signal or Technical Reorganization?
The Republic of Guinea has revoked the licenses of at least 46 mining companies operating in the country, a government source told Reuters on May 16. Another insider said the number could be even higher, with up to 53 permits cancelled, in what some analysts see as a...
US tariffs on global aluminum trade dampen demand and curb production
The imposition of new customs duties by the United States on imported aluminum is leaving a deep mark on a global scale, causing a generalized contraction in demand and inducing many international producers to reduce shipment volumes to the American market. In...