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The nickel price boom: causes, impacts and the controversies in the background
In recent months, the price of nickel has shown a significant rise, recently touching a new quarterly high on the London Metal Exchange (LME), crossing the $18,000 per ton mark. This increase is a sign of recovery for a crucial material in stainless steel production...
Hurricane Milton and its effects on Florida ports and global supply chains.
Last week, Hurricane Milton hit the West Coast of Florida hard, causing significant damage and disruptions in logistics operations. The Port of Tampa Bay remained closed until Monday due to power outages, while the ports of Miami and Jacksonville were able to resume...
Chinese exports of finished steel products: a steadily growing trend
Finished product exports from China recorded significant growth in September 2024, confirming the positive trend already observed in previous months. According to the latest data released, the export volume reached 10.15 million tonnes, an increase of 6.9 per cent...
European HRC steel market: stable prices despite producer pressure
In the European steel market, prices for hot rolled coils (HRC) remained largely stable on 14 October, despite upward pressure from producers. Sources close to the market report that caution among buyers continues to prevail, despite the slight improvement in apparent...