Steel: what prospects for the longs markets in the USA, Turkey and Europe
Global demand for long products seems to have recovered lately in most regions, mostly due to seasonal reasons and the post-holiday season. However, apart from most markets, the situation in the EU remained weaker in terms of local trade. Globally, supply has started...
Copper: expected downturn for prices
Recent price action suggests a strong potential for copper prices to move away from the rally seen earlier in the year. Copper prices have begun to form lower highs on shorter time frames. This is a strong indicator that a downward trend is ahead. However, prices will...
Iron and steel scrap: U.S. exports fall 15.4 percent in January
According to the latest data released by the U.S. International Trade Commission, in January this year, U.S. scrap steel exports totaled 1.272 mln tons, down 15.4 percent month-on-month and 0.2 percent year-on-year. The value of these exports was $495.7 million,...
Aluminum and steel: Canada bans imports from Russia
Canada on Friday banned the import of all Russian aluminum and steel products, in a move Ottawa said was aimed at denying Moscow the ability to finance its war against Ukraine. "Ukraine can and must win this war. We continue to do everything we can to cut or limit the...
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