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European Heavy Plate Prices: Stability on the Surface, Upward Pressures Coming
The European heavy plate market closed the week ending November 13th with substantial stability, at least in terms of official prices. Beneath the surface, however, operators are already dealing with two factors that will shift the balance of power in the coming...
Stability Recovered in the Italian Scrap Metal Market
After the timid bullish signs that had animated the beginning of November, the Italian scrap metal market appears to have regained solid and widespread stability, with regular trading and a general climate described by operators as "calm." According to a steel...
Pig Iron in Italy: Market Slows Amid CBAM Uncertainties and Tight Supply
After two months of lively trading, the Italian pig iron import market slowed down in the week ending November 13. According to sources consulted by Commodity Evolution, the slowdown is due not only to the shortage of material available before the end of the year, but...
Flat Steel in South America: Prices Stable, But Distrust of China Grows
The climate has changed in the South American flat steel market: import prices remain largely stable, but buyers are increasingly turning away from Chinese supplies. In the week ending November 14th, according to various sources collected by Commodity Evolution,...