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US light vehicle production averaged 10M units per year in 2021 through 2025 with most years finishing above 10M units.
A developing El Niño weather pattern is drawing fresh attention across European metals markets at a moment when the continent‘s energy infrastructure is already under acute stress – and for producers and traders in secondary aluminium and ferrous scrap, the implications are hard to ignore.
With decarbonization deadlines fast approaching for corporations and governments increasingly focused on material resilience, ferrous scrap has taken on growing strategic importance in Japan’s transition toward lower-carbon steelmaking.
Procurement and supply chain managers face new challenges as wooden pallet prices surge. Understand the key drivers behind this volatility to improve budget planning and supplier negotiations.
South Korea has stepped up its efforts to support its steel sector, amid escalating tensions in the Middle East and tariff pressures elsewhere, by including the sector in a $54 billion support package for key industries in the country, Fastmarkets understands.
Recent Middle Eastern tensions and a sharp drop in traffic through the Strait of Hormuz could present a major opportunity for Russian pulp producers.
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