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An In-depth Analysis on LME Base Metals: Hidden Fluctuations Behind an Apparent Equilibrium
At first glance, the prices of base metals listed on the London Metal Exchange (LME) seem to indicate a calm market free of turbulence. However, a closer look at available stocks and futures curves reveals a quite different reality, characterized by sudden changes and...
Concerns over Tariffs: Uncertainty on International Trade Grows
Anxiety related to tariffs-as well as the already significant uncertainty over White House trade policy-increased this week as the April 2 deadline approached, the date by which several official communications on tariffs are expected. The Trump administration has...
World Crude Steel Production Declining: Data from the World Steel Association
The World Steel Association (worldsteel) reported that world crude steel production fell 3.4 percent year-on-year in February to 144.7 million tons. In the first two months of the year, the overall figure contracted 2.2 percent to 302 million tons. Regional Trends:...
World Aluminum Production in the First Two Months of 2025
In the first two months of 2025, world primary aluminum production increased year-on-year by 0.85 percent to a total of 11.89 million tons. However, according to data from the International Aluminium Institute, the decline in production on a monthly basis...