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Steel: although demand strengthens in January-March, supply increases faster
At a conference yesterday, the China Iron and Steel Association (CISA) said that steel demand strengthened in January-March due to economic developments, end-user demand for steel became steady and led to an increase in crude steel production and apparent steel...
HRC steel: EU prices threatened by competitive import offers
Domestic HRC hot rolled coil prices in Europe remained stable on 26 April due to limited availability, but competitive import offers are likely to drive down domestic prices when EU mills resume trading. Slow demand from end-users and distributors has contributed to...
Recycled aluminium: LIXIL succeeds in mass producing billets for the first time in Japan
LIXIL Corporation, a Japanese building materials, plumbing and construction equipment group, has succeeded in mass producing billets with 100 per cent recycled aluminium for the first time in Japan at its Oyabe plant. By FY2022, the company had already achieved a...
Aluminium: Glencore to buy Norsk Hydro’s Brazilian operations
Norwegian aluminium producer Norsk Hydro said on Thursday that it will sell its Brazilian assets to Glencore. In detail, it will sell a 30% stake in Brazilian alumina refiner Alunorte and a 5% stake in bauxite producer Mineracao Rio do Norte to Swiss mining and...