Flat Steel In India Stable, But Demand Remains Weak
The Indian flat steel market closed the week to Friday May 22 in a condition of apparent stability. Domestic prices of HRC, CRC and galvanized coils remained overall supported, but according to operators this resilience does not derive from a real improvement in...
SHFE Metals Falling: Nickel Leads Losses Between High Stocks And Weak Demand
Base metals listed on the Shanghai Futures Exchange opened the session of Tuesday May 26 in negative territory, with a generalized retreat that involved copper, aluminium, zinc, lead, nickel and tin. The movement signaled a return of caution after the rises observed...
Outokumpu USA Strengthens The Scrap Chain In Alabama With A New Shredding Plant
The US stainless steel plant of Outokumpu in Calvert, Alabama, will be able to count on faster and more direct access to recycled raw materials ready for melting. Making this possible will be a new industrial investment of more than 22 million dollars in a shredding...
Italian Ferrous Scrap Stabilizing After The May Increases
After the tensions and increases recorded in the first weeks of May, the Italian ferrous scrap market seems to have entered a phase of greater balance. Prices, in the latest week, have substantially stabilized, interrupting the bullish movement that had characterized...
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