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Asia · ChinaVia Metal Miner In the end, China exceeded market expectations, posting a 5.2% year-on-year growth on July 14 compared to the market forecast of 5%. According to the economic data released by the National Bureau of Statistics, strong trade and industrial production helped to propel growth, indicating that China has braved the tariff war unleashed by the United States. Meanwhile declining steel prices seem to indicate A Strong Monday Showing fo…See the Story
China's Steel Market Navigates Property Sector Challenges
Coverage: 2 sources
Oil and Gas Sector · ChinaVia Metal Miner Recent movements in aluminum prices show the metal holding strong despite global economic shifts and region-specific challenges in extraction and refining operations. On July 25, aluminum prices on the London Metal Exchange climbed to a four-month high, ending the week at US$2,656.5 and US$2,657 per ton, an increase of $10.5 or 0.39%. According to reports, the uptick was primarily fueled by renewed optimism in Chinese demand and …See the Story
What’s Fueling the Rise in Aluminum Prices?
100% Center coverage: 1 sources
European UnionIn September, the European Steel Association (Eurofer) plans to introduce a proposal for an early and intensified safeguard system on imports. According to director Axel Eggert, this would replace the current general safeguard system used by the steel industry. Eurofer stated that the proposed system includes stronger tariff-rate quota (TRQ) protections for European producers, with consistent enforcement across all exporting countries. The trade…See the Story
EU Steel Industry Braces for Safeguards Amid Tariff Turmoil
100% Center coverage: 1 sources
