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Copper: prices rebound thanks to a weaker dollar
Copper prices are rebounding today, Thursday 15 February, thanks to the easing US dollar and stable manufacturing demand from major consumer China. The metals were supported by the dollar index, which, after reaching a three-month high earlier in the week, started to...
Iron ore: Chinese imports rise despite Evergrande crisis
The first month of 2024 saw iron ore get off to a great start, mainly due to rising prices and substantial imports from China. Looking at iron ore futures, many investors were optimistic that the world's largest buyer of ore will continue to implement sufficient...
Aluminium: ALFED consults with Department of Enterprise on Red Sea supply chain disruptions
With Houthi rebels continuing to attack British cargo ships in the Red Sea, ALFED (The Aluminium Federationin UK) has consulted with the DBT to provide feedback from the UK aluminium industry on how supply chain disruptions are affecting the sector. The rising cost of...
Italy’s Eusider acquires Profiltubi and OMV Ventura
The Italian Eusider Group, led by the Anghileri family and already one of the most important service centres in Italy, has strengthened its presence in the steel welded tube market with the acquisition of Profiltubi and OMV Ventura. These companies, with a...