Loading
HRC steel: prices near rock bottom
According to most market participants, HRC coils prices in Italy and the rest of Europe appear to be close to a stabilisation level. Despite a slight increase in demand from end users over the past two weeks - both due to low inventories and lower prices - demand from...
Stainless Steel: World Production to Rise in 2023
In 2023, global stainless steel production rose by 4.6 per cent year-on-year to 58.4 million tonnes. In 2022, the balance had stood at 55.26 million; in 2021, 58.3 million had been produced. It was therefore back to the levels of the post-Covid rebound last year. Area...
Steel: Turkish CRC imports fell by 30.2 per cent in January-February
In February this year, Turkish imports of cold-rolled coils (CRC) increased by 11.4 per cent month-on-month and decreased by 18.8 per cent year-on-year to 46,547 tonnes, according to data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of...
Aluminium: price hits 14-month high thanks to fund buying
Aluminium prices hit 14-month highs on Wednesday, thanks to an influx of funds into the sector on optimism about the global economy. The benchmark three-month aluminium on the London Metal Exchange (LME) was down slightly today (-0.22%) after a +0.45% rise in...