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Construction industry outlook: commodity price trend in 2024
Long products made of slightly stable US steel As expected, prices for long steel products in the United States have remained stable or increased slightly over the past month, despite the negative effect that winter weather has had on construction activity. However,...
Aluminum: European industry faces existential threats
The European aluminum industry is under attack from two short- and medium-term threats, both of which have the potential to significantly impact aluminum consumers in the region. Potential Russian aluminum ban, shortage of aluminum production The first threat is the...
Copper: Chinese smelters discuss cutting production due to falling tariffs
China's largest copper smelters will meet in Beijing next week to discuss measures to counter the collapse in ore processing tariffs, which have fallen to their lowest level in years, including potential production cuts. At least 15 smelters have been invited to the...
Steel: China will continue to ship material through the Red Sea despite attacks
Chinese suppliers will continue to ship steel through the Red Sea route even though a ship carrying Chinese steel products to Saudi Arabia was attacked and damaged on March 6. The attack was the first to hit Chinese steel exports and the ship -- True Confidence -- was...