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Hedge Funds Bet on Cobalt: Opportunities and Risks in the Battery Metal Market
In recent months, hedge funds such as Anchorage Capital Advisors and Squarepoint Capital LLP have begun to build significant positions in the cobalt market, buying physical material. This move has been stimulated by falling spot prices and increased liquidity in the...
China’s Economic Recovery: A Complex and Contradictory Challenge
Clearly, the Chinese economy has not yet returned to a path of full recovery, as evidenced by the mixed data for May released on Monday. According to data from the National Bureau of Statistics (NBS), industrial production in China increased 5.6 per cent in May 2024...
European Commission Approves Acquisition of Mannesmann Stainless Tubes by Cogne Acciai Speciali
The European Commission (EC) recently gave the green light to the acquisition of Mannesmann Stainless Tubes (MST) by Italy's Cogne Acciai Speciali. The strategic move, first announced in February, came at a cost of €135m ($144.5m). Cogne's stated goal is to expand its...
Aluminum Exports to China: Growth and Future Prospects
According to a recent Shanghai Metals Market (SMM) survey, China's aluminum foil exports in May 2024 reached 130,100 tons, marking a 7 percent increase from the previous month when exports stood at 121,600 tons. This export volume also registered an annual increase of...