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Iron ore: Turkish imports down in January-October period
In October this year, Turkey's iron ore imports totaled 1.04 million tons, registering a 50.6 percent increase compared to September and a 9.8 percent increase compared to the same month in 2021, according to statistics provided by the Turkish Statistical Institute...
Copper: bullish trend nears year-end
As with other base metals, copper prices broke out of the upward range last month as China began to move away from zero-COVID policy. Prices peaked on November 11, before a brief and modest retracement. Shortly thereafter, prices resumed their ascent. On December 8,...
Aluminum: Chinese imports fall in November due to increased domestic supply
Chinese aluminum imports in November fell 35.7 percent year-on-year due to increased domestic supply, even as the COVID-hit economy continued to mitigate demand for the light metal. According to data from the General Administration of Customs, the country imported...
Turkish steel sector: uncertain prospects for 2023
Uncertainties stemming from the war between Russia and Ukraine, which hurt the dynamics of the global economy in 2022, continued to cloud the outlook for 2023, amid the continuing supply-demand imbalance and protectionist approaches in the steel sector. The duration...