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Egyptalum extends tender time for aluminium smelter expansion
The state-controlled Egyptian Aluminium Company (Egyptalum) has announced that it will extend the deadline for submitting bids for its smelter expansion project by one month. According to a statement released by the company to the Egyptian stock exchange on Sunday,...
Aluminium: Boeing renews long-term contract with Thyssenkrupp Aerospace
Thyssenkrupp Aerospace recently renewed its contract to continue serving Boeing with aluminium components for the aerospace industry. Thyssenkrupp Aerospace, a leading global supplier of supply chain solutions for the aerospace industry, has been providing supply...
Copper: prices fall as markets assess the consequences of the conflict in the Middle East
LME copper prices fell on Tuesday as the US dollar recovered ground ahead of Federal Reserve Chairman Jerome Powell's speech this week, while investors remained cautious about the risk of an escalating war in the Middle East on the global economy. Three-month copper...
Stainless steel: positive outlook for the Italian and European markets
The flat stainless steel market is steadily improving in Italy and other European countries, although sources from service centres, re-rollers and steel mills report continued weakness in downstream demand. Stocks reached their lowest level in August and apparent...