In Q2 2022, iron ore prices in China rebounded back to $160.69 per tonne ($/t) in early April, driven by supply concerns due to tight shipments and the escalating Russia–Ukraine war. However, iron ore prices fell to $108.98/tonne in June with market confidence collapsing due to a severely
Steel imports to the U.S. continued to increase strongly during the first half of 2022 (33% y-o-y), much stronger than the increase in steel demand (apparent steel consumption of 6% y-o-y). As a result, import penetration continued to increase to 24% during the first half of 2022, up
India covers 85% of its oil consumption and 54.3% of its gas consumption through imports, according to Indian government data. Globally, India is the third largest oil consumer, the fourth largest refiner and a net exporter of refined products. As proven oil reserves are limited compared to domestic
South Korea‘s imports rose as a proportion of its GDP from 28.5% in 2020 to 34.2% in 2021, according to data released by The Korea Development Bank. Based on preliminary data, South Korea’s GDP growth in the first half of 2022 was 2.9% at chained 2015 prices, as
KLA Corporation noted that China is becoming an important region for logic and memory chip manufacturing, adding to its role as the world’s largest consumer of integrated circuits. In addition, a significant portion of the world’s flat panel display (FPD) and printed circuit board (PCB) manufacturing has moved
The Procter & Gamble Company competes primarily in taped diapers, briefs and baby wipes, with more than 20% global market share. The company has the number one or number two market share position in most of the key markets in which it competes, mostly behind Pampers, the Company’s