Macro • As FT reports, China’s gross domestic product expanded 4.5 percent year on year in the first quarter, as strong growth in exports and infrastructure investment, as well as a rebound in retail consumption and property prices, drove a recovery in the world’s second-largest economy. The official figure, which exceeded analyst expectations of a…

After over three years of various restrictions, China has finally abandoned strict COVID regulations and fully reopened its borders.China consumes at least 50% of all global commodities, and the reopening of its economy is a good sign for all commodities markets that experienced significant volatility in recent months. Moreover, the first signs of recovery are…

China, being the largest producer and consumer of many metals, is always in the news for its metal exports and inventories. For example, in February 2023, China’s copper cathode exports were estimated at around 20,000MT. However, regarding total domestic exports, the whole figure for February may have been around 40,000MT. This increase in exports was…

TELF AG Welcomes New Member to the Board of Directors Lugano, Switzerland – March 28, 2023 – TELF AG is pleased to announce that Mr. Christopher Slaboszewicz is joining its board of directors. Coming from the world of finance, the new board member brings years of experience and leadership to help address the global financial…

The start of 2023 has seen a continuation of the trends seen in the cobalt market during the last quarter of 2022. As a result, prices of metal and chemicals have continued to slide, and sentiment remains weak. However, market players are optimistic that the situation will improve by the year’s second half, thanks to…

Ferro-alloys are a crucial component in producing stainless and specialty steels widely used in various industries. Among the multiple Ferro-alloys, high carbon ferrochrome (FeCr) is one of the most commonly used alloys due to its unique properties. FeCr is an alloy of iron and chromium, with carbon content ranging from 4% to 8%. It is…

In recent years, fraud aimed at cheating and misleading commodities trading companies has become increasingly common, with many high-profile cases reported worldwide. One such case that came to light in recent weeks was the uncovering of a systematic commodity trading cargo fraud worth hundreds of millions of dollars. This fraudulent scheme has sent shockwaves across…