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Steel Rebar: Market Stable, But Producers Target €270/t
A week later, the Italian rebar market continues to move in balance, with no substantial changes compared to previous days. Steel mills are maintaining their position, firmly demanding a reference price of €270 per ton, but most buyers are still picking up material at...
Italian Steel: September Marks a New Recovery Phase for Long and Flat Steel
Italian steel production maintained a positive pace in September, continuing the recovery that began in the first half of the year. According to the latest data, domestic steel mills produced 1.9 million tons of crude steel, a 4.3% increase year-over-year. From...
UK Secondary Aluminum Market: High-Grade Scrap Prices Rise, But Domestic Demand Remains Weak
The UK secondary aluminum market showed strengthening prices for higher-grade scrap in the week ending Wednesday, October 15, driven by firmer quotes on the London Metal Exchange (LME) and growing overseas buying demand, according to Commodity Evolution. The LME cash...
Slab Import Prices Rise Slightly in Italy: Suppliers Anticipate Impact of CBAM and Increased Activity in Plate Market
Steel slab import prices in Italy increased slightly in the week ending Thursday, October 16, supported by higher offers from suppliers anticipating additional costs associated with the implementation of the Carbon Border Adjustment Mechanism (CBAM) and improved...