On December 21, the commissioning ceremony of the Kovykta gas condensate field in Russia's Irkutsk region and the Kovykta-Chayanda section of the "Power of Siberia" gas pipeline was held simultaneously in several places in Russia. Russian President V…
France's annual inflation rate hit 6.1 percent in July 2022, rising further from 5.8 percent in June, the highest since July 1985, the National Institute for Statistics and Economics (Insee) said.…
The Federal Reserve continues to raise interest rates accordingly to curb global steel product name demand growth…
Official French data shows that for three consecutive days, there were more than 140,000 new confirmed cases in a single day in France: 145,560 new cases on the 23rd, 148,635 new cases on the 24th, and 143,571 new cases on the 25th. The daily average…
According to Mysteel, the recent European hot coil prices continue to soar, as of today, the mainstream hot coil S235JR quoted at 1300 euros/ton (1418 DOLLARS) EXW, the price is more than the similar products in the United States about 100 dollars/to…
Iron ore prices have been surging since early March, with weekly gains of 21% in the first week of the month. Since November 18, 2021, the price of 62% grade Australian fine ore ($87.2 / ton) fell to the "freezing point" since the second half of 2020…
Gasoline prices at gas stations in the second week of March rose 97.6 won from the previous week to 1,861.6 won per liter. Although the average price for a week did not exceed 1,900 won, the price in the second half of the week in Seoul exceeded 2,00…
In terms of oil prices, last week the United States imposed export controls on Russia's oil refining industry. New York oil prices closed at a new high in more than 13 years last week, with a weekly increase of 26.30%, and Brent oil prices increased…
Since the beginning of 2022, the price of ternary lithium battery metal materials has continued to rise, which will lead to a rise in battery prices of about 18%, which in turn will hurt the total profits of electric vehicle manufacturers. It is repo…
Inflation data in many countries continues to rise, bringing new impacts and changes to the global economy and financial markets. Under this circumstance, the size of the global negative interest rate bond market, which was previously infinite, has a…
After a dismal close last year, thanks to the continued safe-haven demand from investors, the international gold price started this year well, outperforming stocks and bonds. A reporter from China Business News found that as of February 18, the inter…
Since 2020, the demand for lithium battery raw materials has maintained a high growth trend. According to the data from the Federation of Travel Services, in May 2021, the price of battery-grade lithium carbonate surged by 139% compared with the “low…