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Trump’s proposed 25% tariffs: possible economic and trade repercussions for Canada, Mexico, and the U.S.
President-elect Donald Trump's proposals to impose 25 percent tariffs on all imports from North America's trade allies-Canada and Mexico-could profoundly rewrite the dynamics of trade in the region, generating high costs for key sectors and affecting both American...
European Hot Rolled Coils (HRC) Market: Slight Recovery Before the Holidays, but Stable Prices
On Friday, December 13, the European Hot Rolled Coils (HRC) market saw a slight increase in sales. However, prices remained almost unchanged, below manufacturers' target offers, according to market sources. This increase in activity was not driven by demand growth or...
Copper in 2024: Speculation, Records and Uncertain Future for the Red Metal
Copper has had a turbulent year in 2024, attracting not only the usual investors but also speculators from areas far removed from traditional commodities. The main thrust? Artificial intelligence (AI). Data center-related infrastructure for AI has been presented as...
China Crude Steel Production: November Marks a Decline amid Tight Margins and Weak Seasonal Consumption
China's crude steel production contracted significantly in November 2024, falling 4.3 percent from the previous month. According to data published by the National Bureau of Statistics (NBS), China, the world's largest steel producer, produced 78.4 million metric tons...