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Aug 17, 2024 · Explore how the adoption of the Euro has influenced the ratio between the Euro STOXX 50 and gold prices, creating a more controlled investment environment. Learn more about the Euro's impact on market manipulation and currency stability at SwissBullion.eu
- Visualized: China’s Steel Demand Through Time
- The Sectors Driving Steel Demand
- Steel Demand For Transportation and Durable Goods
- The Path Forward For Steel
As the world’s manufacturing powerhouse, China has the highest global demand for crude steel, with the market experiencing remarkable growth since 2010. In 2023, China’s crude steel demand reached 911 million metric tons. This is up an estimated 50% from 609 million metric tons 13 years earlier. When adding in exports and changes to inventory, Chin...
We observed demand for crude steel across the following sectors: 1. Machinery: machinery used in power, construction, metals and mining, agriculture, tools and parts, etc. 2. Infrastructure: roads, railways, subways, pipelines, etc. 3. Construction: urban and rural housing, office buildings, industrial buildings, WRAC buildings (wholesale, retail, ...
The share of steel used by the transport sector is estimated to have falled from 12% in 2010 to 9% in 2023. However, there was an uptick in the amount of steel used by the industry. It rose from around 73 million metric tons in 2010 to 82 million metric tons 13 years later. And, with more than halfof all new electric vehicles (EVs) sold worldwide m...
The Chinese steel industry remains robust—growing by an estimated 50% from 2010 to 2023—despite significant shifts beneath the surface. As the energy transition progresses, further changes in industry demand for steel are likely, especially with the increasing prominence of clean technologies, such as EVs. Conversely, demand from the construction i...
Aug 28, 2023 · Many people mistakenly use gold as a definitive proxy for valuing a country's currency. Although there is undoubtedly a relationship between gold prices and the value of a fiat currency,...
Apr 16, 2013 · The Classical Gold Standard. In the classical gold standard, the domestic money supply is directly tied to a country’s stock of gold.
Jul 1, 2014 · The Euro Area holds most of the official gold reserves in continental Europe. As we can see in chart #1, the Euro Area holds 85.4% of all the continental Europe’s gold reserves (excluding European ex-Soviet Union countries but including the Baltic Countries).
Sep 3, 2024 · Gold reserves by country data compiled from IMF IFS statistics. Explore reported central bank purchases, sales and total world gold reserves.
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Nov 9, 2020 · Gold’s value seems to grow best when things are (or are perceived to be) at their worst. As an investment, it is the “pessimists play.” But the gold bugs are quick to come to the defense of ...
