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Copper: price nears 15-month highs thanks to reduced supply
The price of copper touched 15-month highs thanks to tightening supply and a recovery in global manufacturing activity. Prices have risen nearly 10% this year as disruptions at major mines threaten production of the refined metal at Chinese plants that account for...
HRC steel: buyers in Europe hold back from trading
On Friday, 5 April, trading remained extremely slow in the European hot rolled coil markets, but mills resisted further price declines. Buyers of hot-rolled coils in Europe maintained a hand-to-mouth approach to bookings, avoiding bulk purchases. Demand from the main...
Nickel: prices recover amid weak stainless market
Nickel prices continued to rise during the first half of March, taking a temporary break from their long-term downward trend. However, prices peaked on 13 March, reaching their highest level since October 2023. Afterwards, the rally collapsed and prices went back...
Wire rod steel: exports from Turkey increased by 121.9% in January-February
According to data provided by the Turkish Statistical Institute (TUIK), Turkey's wire rod exports reached 144,273 tonnes in February this year, a monthly increase of 107% and an annual increase of 186.2%. Revenues from these exports amounted to $90.55m, up 111.5%...