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European HRC, Import Barriers Support Prices But Demand Remains Weak
The European hot-rolled coil market is approaching the summer break with moderately rising prices, supported above all by lower import pressure. The picture nevertheless remains fragile: trading has been reduced to a minimum, final consumption continues to show...
Aluminium In Brazil, Premiums Stable But The Market Awaits An August Recovery
Brazilian aluminium premiums maintained substantial stability at the end of July, despite a physical market characterized by limited volumes, inventories that remain high among some buyers and lower arrivals of metal from Argentina. The resilience of prices shows that...
Saudi Arabia, Heat Slows Scrap But Prices Hold
Extreme heat and the slowdown in production activity at some steelmakers reduced the volumes of ferrous scrap traded in Saudi Arabia’s main domestic markets during the week ended Tuesday July 28. Prices, however, remained broadly stable, supported by the lower...
Vietnam Produces Its First Domestic Primary Aluminium And Reshapes Its Industrial Supply Chain
Vietnam has begun the commercialization of the first primary aluminium produced entirely within the country, opening a new phase in the development of its metallurgical industry. Stavian Industrial Metal has been appointed official distributor of the material produced...