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Steel Prices on the Descent: Analysis of the U.S. Market
In June 2023, flat-rolled steel prices in the United States (U.S.) showed a downward trend, accelerating declines from previous months. HRC (hot-rolled coil) prices fell nearly 9 percent, marking the most significant monthly decline since February. Prices of CRC...
Analysis of Steel Production in Italy as of May 2023
In May 2023, the Italian steel industry recorded steel production of 1.9 million tons (M.t.), marking a decrease of 3.5 percent compared to the same month of the previous year. Since the beginning of the year, total production has reached 9.0 M.t., registering a 5.5...
Aluminium Premiums Boom in Japan: Record in Third Quarter
The aluminum market in Japan is buzzing. The latest premium bid for aluminum shipments in the third quarter exceeded all expectations, marking a significant increase over the previous quarter. Premiums Skyrocketing According to a June 18 report, global aluminum...
Aluminum Market in China: Between Highs and Lows of Stocks
According to recent data from the Shanghai Metals Market, aluminum billet stocks in China have fluctuated significantly. As of June 13, 2024, these stocks stood at 162,800 tons, marking a decline of 3,600 tons from the previous week. However, compared to the same...