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Zinc: supply fears outweighed by demand headwinds
Production cuts in Europe due to the energy crisis and low inventories have supported zinc prices over the past year, but headwinds from slowing growth and demand now pose a greater challenge to the market. The latest in production cuts comes from Glencore GLEN.L,...
Ferrous scrap: LME aims to double futures traded volumes in 2023
The London Metal Exchange aims to reach 10 million tons of traded volumes in Turkey CFR ferrous scrap futures and 2.5 million tons of traded volumes in Turkey FOB steel rebar futures in 2023. The two contracts gained momentum due to high volatility in the physical...
Plastic: mid-November Rotterdam conference will address numerous problems in the sector
Investments in established and emerging plastics recycling and reprocessing techniques will be the focus of discussion at the 2022 Paper & Plastics Recycling Conference Europe, to be held at the Rotterdam Hilton Nov. 15-16. While paper and cardboard recycling is a...
Steel: Acerinox records a drop in demand
Madrid-based stainless steel manufacturer Acerinox S.A. said it shipped less metal in the third quarter of this year, citing "weakness in apparent demand once the inventory rebuilding process was completed." Acerinox CEO Bernardo Velázquez commented, "The change in...