Copper shortages are intensifying the pressure on China’s smelters as this year’s fee negotiations heat up. With soaring demand clashing against limited supply, Bloomberg uncovers how these challenging market conditions are making pricing and contract talks more complex than ever
France’s steel production skyrocketed to an 11-month high in October, GMK Center reveals. This remarkable surge signals booming demand and a revitalized industrial sector propelling the nation’s economic revival
Glencore is reportedly considering shutting down Canada’s largest copper plant as soaring costs and shifting market forces squeeze operations. This possible closure puts local jobs at risk and could send shockwaves through the copper supply chain. Stay tuned for more updates soon
The US has pressed pause on raising tariffs on UK steel and aluminum, signaling exciting progress as both nations sprint toward a swift trade agreement. This move highlights growing cooperation amid ongoing negotiations, Reuters reports
In a bold move to safeguard its domestic steel industry, Brazil has reintroduced tariffs and quotas on steel products. This strategic decision comes in response to the ever-changing global market landscape, aiming to empower local manufacturers. As trade tensions simmer and challenges persist within the sector, Brazil is taking decisive steps to ensure its steel industry remains resilient and competitive.
