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Force Majeure At Alba: Middle East Crisis Shakes The Global Aluminium Market
Aluminium of Bahrain (Alba) has declared force majeure on some aluminium supply contracts, following the escalation of the conflict in the Middle East, a development that is already generating significant repercussions on the global aluminium market. Market...
The Italian Rebar Market Between Waiting And Energy Tensions
The Italian reinforcing bar market is going through a phase of strong uncertainty, marked by suspended sales, weak demand and growing concerns linked to the evolution of the international geopolitical scenario. According to information emerging from the national steel...
The Closure Of The Strait Of Hormuz Blocks Copper Flows In The Gulf
The official closure of the Strait of Hormuz, which occurred on March 2, triggered a sudden logistical shock in the refined copper market, interrupting one of the main trade corridors connecting Asia and the Middle East to global markets. Every month around 40,000...
Us Ferrous Scrap Exports Pause Amid Rising Freight Costs And Geopolitical Tensions
The international trade of United States ferrous scrap experienced a significant slowdown in early March, as the global market tried to adapt to an increasingly unstable geopolitical environment and rapidly rising transportation costs. Industry participants reported a...