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Finished steel: stocks up slightly in mid-December
The China Iron and Steel Association (CISA) reported that as of Dec. 20 this year, total national stocks of the five major finished steels in 21 major cities in China totaled 7.36 million tons, up 10,000 tons or 0.1 percent from Dec. 10. Specifically, as of Dec. 20,...
European Commission will grant Italy 1 billion euro
The European Commission has announced it will grant Italy €1 billion to help with the climate transition in the province of Taranto and the Sulcis Iglesiente region of Sardinia, promoting economic diversification and job creation in green sectors, including renewable...
Copper: Us metal price rises on weakening dollar and demand hopes
The price of copper Cme-listed rose Monday, supported by the weak U.S. dollar and hopes for better demand after China's pledge to boost the economy and the real estate sector. Copper with March delivery rose 0.3 percent on the Comex market in New York, touching $3.81...
Steel: a summary of 2022
Steels started the year 2022 with great momentum, rising more than 12 percent between January and February. China's climate efforts have caused iron ore futures to fall, as the country's steel sector accounts for nearly 15 percent of all Chinese carbon emissions....