U.S. import prices rose 1.9% M/M in May, higher than the +1.3% consensus, and remained close to the +2.0% in April, according to data released by the Bureau of Labor Statistics on Tuesday. The April ...
The EU is implementing two policy changes aimed at favoring domestic steel producers; ArcelorMittal is one of the beneficiaries here, as it sources major revenues from Europe. Its 21% exposure to the ...
LME copper is trading near record highs, with prices up around 10% year-to-date and holding up well against a difficult macro backdrop. Strong US jobs data has reinforced expectations that the Federal ...
A sharp fall in China’s crude oil imports during the Iran war has been instrumental in holding down oil prices and keeping the global economy humming. Clues are emerging in the mystery of the missing ...
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