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HRC steel: quota exhaustion could generate more demand
The near-critical level of the 'other countries' EU import quota for hot-rolled coils (HRC) could generate additional and unexpected demand for EU material, but it is unlikely that most EU mills will be able to take advantage of this due to their lead times. As of 25...
Steel: outlook worsens for 2023 due to continued uncertainty, but stronger recovery expected in 2024
The lingering impact of several negative factors that heavily influenced apparent steel consumption in 2022 - high energy prices, war-related disruptions, sluggish demand outlook - continues to fuel uncertainty and put pressure on the steel market outlook for 2023,...
Aluminium: power outages and low rainfall affect Chinese supply pushing up imports
China has significantly increased its reliance on aluminium imports this year due to lower domestic aluminium supply. According to reports, the move is part of a strategic measure to partially offset lower than average domestic production. Indeed, new customs data...
Nickel: EU-Indonesia fight over who owns the future of clean energy
Indonesia boasts some of the richest mineral deposits in the world, but for a long time has focused on extracting and shipping minerals to other countries for processing. The Jakarta government has tried to change this situation, but is facing strong resistance from...