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Copper: speculators increase net long positions
LME copper prices started to show uncertainty last month, in the absence of directional strength. Today, copper prices continue to move in a sideways range. Despite the long-term bullish outlook, copper prices remain rather hesitant. Although prices have risen almost...
EU and Turkey begin talks to update customs union agreement
According to a press release from the Ministry of Trade, during the 7 August meeting between Minister Ömer Bolat and European Commission Vice President for Trade Valdis Dombrovskis, the issues of developing and deepening trade relations between Turkey and the EU and...
Steel rebar: Turkish exports down 54.4% in January-June
Rebar exports from Turkey amounted to 1.40 million tonnes in January-June, down 54.4% year-on-year. Revenues generated from these exports, on the other hand, decreased by 60.3% to USD 944.11m in the same period in 2022. On the other hand, Turkey's steel rebar exports...
Crude steel: total production in Latin America increased 0.5 percent from May
According to data released by the Latin American Steel Association Alacero, total crude steel production in the region was 4.93 million tons in May this year, up 0.5 percent from the previous month and down 9.9 percent from a year earlier. Production of long products...