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HRC Steel, Limited Supply On Both Sides Of The Atlantic But European Demand Remains Weak
The hot-rolled coil markets in Europe and the United States continue to be supported by limited availability, but show profoundly different dynamics. In Europe, weak demand and buyer resistance are preventing mills from passing supply tensions into prices. In the US...
European Tin, Elevated Premiums Amid Longer Routes And Record Financing Costs
The European tin market has changed profoundly over the past few months. Longer transit times, rising freight rates and the growing cost of financing metal during its journey to Europe have supported premiums since June, despite demand remaining weak and global...
Chinese Steel, Rebar Rises But Buyer Resistance Slows The Market
Chinese export prices for reinforcing bar recorded a slight increase in the week ended Tuesday, September 8, while wire rod prices remained unchanged. The strengthening of the domestic steel market and rising raw-material costs encouraged sellers to increase offers,...
EGA Brings DX+ Ultra Technology To India: NALCO Heads Toward 960,000-Tonne Capacity
Emirates Global Aluminium has signed an agreement with India’s state-owned National Aluminium Company to provide DX+ Ultra smelting technology for the expansion of NALCO’s smelter in Anugul, in the state of Odisha. The brownfield project involves the addition of...