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Oceanic and Air Tariff Trends and Prospects
Over the past week, Sea Freight from Asia remained stable on many routes, holding at the mid-July highs. However, reports of increased ease for shippers and carriers in securing spot allocations and bookings, coupled with projections of a decline in US imports...
Thailand Extends Anti-Dumping Duties on Hot Rolled Coils (HRC) from China: Market Implications and Reactions
Thailand extended an anti-dumping duty of 30.91% CIF (Cost, Insurance, and Freight) on alloyed hot rolled coils (HRC) imported from China, in order to address alleged circumvention by 17 Chinese steel producers. This measure followed an investigation by the Department...
New Perspectives for Copper in the Democratic Republic of Congo: Challenges and Opportunities
According to market sources, CMOC and other mining producers have requested that copper from the Democratic Republic of Congo (DRC) be registered for delivery against London Metal Exchange (LME) contracts. If the requests are successful, large quantities of copper...
Metal Market Analysis and Outlook for the Automotive Sector
The automotive sector remained stable on a monthly basis. Global steel demand remains weak, limiting bullish sentiment for hot-dip galvanised steel. At the same time, prices of other metals, including copper, also declined after their bullish speculation cooled in...