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Hot-Rolled Coil Prices Edge Up, but Buyers Resist Higher Offers
Domestic hot-rolled coil prices rose slightly in Northern Europe and Italy on September 24, although no new transactions were reported that day. Mills continued to seek higher prices, while buyers delayed purchases in the hope of securing better terms. The movement in...
Asian Aluminium Premiums Hold Steady as Spot Trading Remains Thin
Primary aluminium premiums across Asia were largely stable in the week to September 24. Those steady assessments came with little spot trading: regional holidays slowed activity, while market participants focused on fourth-quarter contract negotiations. Sentiment...
Italian Ferrous Scrap Holds Steady as Expectations of Higher Prices Shift to October
Italy’s ferrous scrap market is ending September without a broad change in prices. Trading activity remains limited and steelmakers are buying cautiously, even as merchants expect better terms in October. Some producers have granted selective increases, but the...
European Secondary Aluminium Ingot Prices Fall As Weak Demand Shifts Sales Toward The Low End
European secondary aluminium pressure diecasting ingot prices fell in the week to September 25. Greater scrap availability and weak orders gave buyers more room to negotiate, particularly on higher-priced parcels. Producers still face the task of absorbing lower...