ShreeMetalPrices: Global Economic Crisis and Weak Demand Continue to put Stress on Metal Prices.
As the demand outlook worsens and the global economy experiences issues as a result of rising interest rates. Analysts who follow commodities predict that metal prices will likely be under stress for the rest of the year.Metal prices, which have been falling over the past two weeks, have been further hampered by China’s efforts to […]
ShreeMetalPrices: Alcoa Inc. Shocking Loss Will Worsen the Global Economy.
In response to hawkish central banks’ efforts to combat inflation, metal prices have fallen.Alcoa Inc., a US economic hegemon and the world’s largest producer of aluminium, unexpectedly posted a quarterly loss, adding to concerns about the global economy as the price of the metal. That is use in everywhere from smartphones to Automobiles, is struggling.As […]
ShreeMetalPrices: Chipmakers See ‘Breathtaking’ Demand Drop as Recession Approaches
Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Samsung and AMD both posted earnings that fell short of expectations. Recent disappointing results fuel worries that a rebound is further away. Chipmakers are warning that demand is stalling on a weekly basis after years of record capital spending. The […]