Loading
Steel prices in Northern Europe: producers’ ambitions and market realities
Northern European producers maintained their price targets for hot-rolled coils (HRC) with delivery in Q1 2025 between €600 and €620 per tonne ex-works (equivalent to about $632-653). However, no transactions were reported at these levels, a sign of weak demand or...
Nickel Market 2024: Between oversupply, global challenges and demand for EV batteries
In 2024, the nickel market experienced a first half of the year characterised by strong price momentum, driven by speculation and general optimism in the commodity sector. However, the second half of the year saw a reversal, with a significant drop in prices due to...
Rosatom and the Russian response to US restrictions on enriched uranium
Russia's state-owned corporation Rosatom, the world's largest supplier of enriched uranium, confirmed on Monday that supplies of uranium to its customers are continuing smoothly, including US markets, thanks to a special licensing regime. However, the announcement...
October marks a drop in primary aluminium billet production in China
China's primary aluminium billet production slowed down in October 2024, marking a decline from September's record levels. This decline was driven by a combination of unfavourable factors, including high selling prices, low processing fees and weak demand in...