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Ferrous scrap: prices in Italy fell in March, possible price tensions in sight
The Italian ferrous scrap market experienced a predominantly bearish trend in March, with declines of around EUR15-20/mt amid persistently low demand from steel mills, said Assofermet, the association representing Italian distributors of scrap, raw materials and steel...
Steel: demand expected to recover by 1.7 per cent
The World Steel Association (worldsteel) has published its steel demand forecasts for 2024 and 2025, predicting that demand will pick up by 1.7 per cent this year to 1,793 Mt. In 2025, steel demand is expected to grow by 1.2 per cent to 1,815 Mt. Commenting on the...
Aluminium: China’s production exceeds 10 million tonnes in the first quarter of 2024
China's aluminium production in March 2024 was 3.555 million tonnes, bringing the country's total aluminium production in the first quarter of the year to 10.45 million tonnes. On a monthly basis, China's aluminium production in March 2024 increased by 6.66% to 3.333...
Nickel Industries attracts strong interest in its Indonesian supplies
More than 25 global car and battery manufacturers have expressed interest in buying nickel from Australian producer Nickel Industries' new Indonesian plant, CEO Justin Werner said on Tuesday, giving the latest boost to Indonesia's dominance in the nickel sector. The...