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Aluminium: three Japanese deals reported for Q3 premium as delays continue to lengthen
On 28 July, Western producer sources reported three Japanese agreements on the third quarter aluminium premium. One deal was reported by a Western producer source for a shipment of more than 1,000 tonnes per month in the July-September period and was concluded at...
Aluminium: industry groups urge LME to resist calls to ban Russian product
Five European industry associations have called on the London Metal Exchange (LME) to ignore calls to ban Russian aluminium from its system, they said in a joint statement on Friday, adding that such a move would hurt small metal users in Europe. Norwegian producer...
Crude steel: German production decreased by 5.3% in the first half year
In June this year, crude steel production in Germany fell by 8.4% year-on-year to 2.92 million tonnes, according to information from the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl). In the period from January to June this year, crude steel...
European construction industry forecasts mild recession for 2023
According to the report Economic and Steel Markets Outlook 2023-2024/2023, published by the European Association of Steel Producers (EUROFER), in the first quarter of this year, production in the EU construction sector increased by 0.1 per cent, following a 0.1 per...