Falling Demand News Today

Apple has announced a massive $110B stock buyback, as well as its revenue for the first quarter. Dive deeper into Apple's Q1 2024 revenue.

Mortgage applications have fallen to the lowest level in some 27 years as homebuyers shy away from rising mortgage rates that have hit highs not seen since the turn of the century.

Steelmakers in Northwestern Europe are seeking an increase of €20 ($20) per metric ton on hot rolled coil. Market sources told MetalMiner that the hike in steel prices comes despite subdued demand for the flat rolled product going into September. “I ...

Firms across the EU reportedly want to hike steel prices despite a major drop in demand, falling construction, and import threats from China.

Despite weakened demand, Northwestern European steelmakers are aiming to raise steel prices by €20 per metric ton.

The Automotive MMI dipped slightly this month amid fears that a potential United Auto Workers strike could impact demand and steel prices.

A potential strike by the United Auto Workers Union threatens to disrupt the U.S. automotive industry, impacting steel prices and the supply chain.

Amid a significant rise in the Rare Earths MMI, analysts consider whether or not China will lose the race to further dominate rare earth magnets.

As China's post-COVID rebound flounders, the country continues to rely on India to make up the shortfall, causing concerns about steel prices.

Global logistics continues to recover from the COVID-19 pandemic, with pros and cons for both buyers and shipping lines on the horizon.