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Resurgence or illusion? The recovery of the Chinese steel industry and its global implications
After months of difficulties, China's steel sector may finally be showing the first signs of recovery. According to some sources, steel production in China has grown for the first time in four months, thanks to a combination of government stimulus and an improvement...
Industrial crisis in Europe: strikes in France and closures in steel sector
On Wednesday, steel workers in two cities in northern France went on strike in response to steel giant ArcelorMittal's announcement of possible plant closures in the region. The warning, which affects around 130 workers, was confirmed by the trade union CFDT and is...
Crisis in Europe’s plastics system: declining production and growing challenges for recycling
Figures published by Plastics Europe for 2023 paint a worrying picture for the European plastics sector, with a significant drop in both overall production and the amount of recycled material. In a global context of growth, Europe seems to be losing ground,...
China: abolition of tax refunds on export of semi-finished aluminum products shakes global markets
China's recent decision to eliminate 13% VAT tax refunds for the export of semi-finished aluminium products has caused a veritable earthquake in international markets The announcement, which takes effect on 1 December, could have profound implications for the global...