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Italy: Scrap Market Returns to Balance After Decline
The Italian ferrous scrap market appears to have finally reached a phase of stabilization, after weeks of declines that characterized much of the fall. In the last week, prices remained essentially unchanged, indicating that the decline that began in September has now...
China: Rebar Prices Rise at the End of October on Expectations of Hebei Production Cuts
Rebar prices in China rose on Monday, October 27, driven by improving domestic demand and expectations of production cuts in the northern province of Hebei, the heart of China's steel industry. According to Commodity Evolution, the price of domestic rebar (reinforcing...
Japan: MJP Aluminum Premium Drops
The quarterly premium for aluminum delivered to major Japanese ports (MJP) settled at $86 per ton above the London Metal Exchange (LME) cash price for the fourth quarter of 2025, marking the lowest level since early 2023 and the third consecutive decline....
European Flat Steel: Prices Stable But Sentiment Improving Amid CBAM Expectations and Signs of Upward 2026
The European market for heavy steel plate remained largely stable in the week ending Thursday, October 23, despite slight upward pressure in Italy and a narrowing price range in Northern Europe. In Italy, offers for delivery in the first quarter of 2026 are between...