Category: Trade
Surging Energy Prices Threaten Eurozone’s Economic Stability and Risk Stagflation
Energy prices, particularly natural gas and crude oil, have surged significantly in recent weeks, driven by higher demand and…
China’s December Exports Surpass Expectations Ahead of Looming US Tariffs
China’s exports in December rose 10.7% year-on-year, surpassing economists’ expectations of a 7% increase.
CB&I Secures Cryogenic Tanks Contract for Ruwais LNG Project in Abu Dhabi
CB&I has been awarded a significant contract for the construction of two cryogenic tanks as part of the Ruwais liquefied natural…
UK Inflation Hits Highest Among G7 Nations: Energy Prices and Supply Chain Issues Drive Surge
The UK continues to grapple with one of the highest inflation rates among the G7 countries.
US Intensifies Sanctions on Russian Oil: Market Reactions and Global Impact
The Biden administration has ramped up its sanctions on Russia’s oil industry, focusing on major oil producers like…
US Imposes Sanctions on Serbia’s Russian-Owned Petrol Industry
The United States has imposed sanctions on Serbia’s largest oil and gas company, NIS, due to its Russian ownership.
UK Finance Minister Visits China to Strengthen Economic Ties
The UK’s Chancellor of the Exchequer, Rachel Reeves, is in China this weekend aiming to enhance economic and financial…
Hyundai Considers Louisiana for First Overseas Steel Plant to Mitigate Tariff Risks
Hyundai Motor Group is actively considering Louisiana as the location for its first-ever overseas electric arc furnace (EAF)…
Steel Imports Surge in December: U.S. Market Sees Growth in Finished Steel
The American Iron and Steel Institute (AISI) has released the latest data from the U.S. Commerce Department’s Steel…
Argentina Lifts 16-Year Ban on Scrap Metal Exports, Boosting Recycling Industry
The Argentine government, under President Javier Milei, has officially lifted the 16-year ban on the export of scrap metals.
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