Nickel: experts predict prices will continue to fall in 2024
Will there be a resumption of Chinese nickel purchases in 2024? Furthermore, will it support the market in the short term? After a long period of inventory reduction last year, these are just some of the questions that have implications for the global nickel price. As...
Manganese: South32’s mine suspension fails to lift prices
The mine suspension by South32, the world's largest manganese miner, failed to lift market sentiment in China, as production cuts by Chinese alloy producers continued to dampen demand. South32 temporarily suspended operations at its Groote Eylandt Mining Company...
Acciaierie d’Italia will provide EUR 150 million in funding for the Taranto plant
According to local media reports, the external management contracted by the Italian steel producer Acciaierie d'Italia (ADI) will provide EUR 150m in funding to carry out maintenance work at the Taranto plant. The European Union will grant the company a subsidy of EUR...
HRC steel: HRC prices in Northern Europe fall further
Prices of hot-rolled coils in Northern Europe (HRC) continued to fall on Monday 25 March due to sluggish demand, lower prices of some raw materials, and strong competition from imports. According to market sources, integrated mills in Northern Europe continued to...
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