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Alumina Market: Prices Stable Amid Weak Demand, Abundant Inventories, and Holidays in China
Alumina prices on the Australian and Chinese spot markets remained essentially unchanged in the week ending Thursday, October 2, amid limited trading, sluggish demand, and oversupply. According to data collected by Commodity Evolution, the apparent calm prevailing in...
European Steel Plate Market Stable Amid Weak Demand and Regulatory Expectations
The Italian heavy plate market remained largely stable in the week ending Thursday, October 2, amid sluggish demand and limited trade. Some producers attempted to raise their prices to as high as €620 per ton (approximately $727), but lower offers, around €590 per...
South American Steel Market: Stability Between CBAM, Duties, and Expectations of New Global Balances
The South American steel market experienced a week of flat activity, with prices unchanged for both Brazilian slab exports and Latin American hot-rolled coil (HRC), amid slower trade and a general expectation for greater clarity in the international trade landscape....
Africa Leads the Way in the Global Pig Iron Market: New Investments, Industrial Development, and Regional Opportunities
Africa is poised to become an increasingly important player in the global pig iron market, both as a supplier and a buyer. This was revealed at the annual meeting of the International Iron Metallics Association (IIMA), held in São Paulo, Brazil, from September 29th to...