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Hot-rolled coil prices in the United States continue at record highs, with tags at or above $50 per hundredweight ($1,000 per short ton) – a level last seen during the bull rush of 2008.
Fastmarkets will discontinue its tin ingot premiums on a seaborne basis to China from the start of January.
The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal transition period ends, easing metals and minerals market participants’ fears of logistics paralysis and material shortages.
Key pricing data from the pricing sessions in Europe and Asia for the week ended December 24.
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