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Growth of Russian-origin aluminium stocks in LME-approved warehouses: an overview of 2024 trends
According to data published by the London Metal Exchange (LME) on 10 September 2024, the share of Russian-origin aluminium stocks in LME-approved warehouses increased further to 67 per cent in August, up from 65 per cent in July. This increase shows a steady trend...
Fall in ocean shipping rates between Asia and Europe: signs of an early end to the peak season
Sea freight rates between Asia and Northern Europe, as well as to the Mediterranean, dropped further last week, recording prices 20% below the peaks reached in July. This could mark an early end to the peak season which, in turn, had started earlier than...
Resumption of steel production in Ukraine: positive signs despite difficulties
The Ukrainian steel industry showed signs of recovery in 2024, with significant increases in the production of pig iron, crude steel and finished products, despite the economic and geopolitical difficulties the country is facing. According to data published by the...
Arvedi AST and the Energy Crisis: The Temporary Closure of the Electric Furnace in Terni
The Italian steel sector is facing one of its toughest challenges in recent years due to soaring energy costs. Arvedi AST, one of Italy's leading steel producers, recently announced the temporary suspension of one of its two electric arc furnaces at its Terni plant, a...