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HRC steel: prices flex due to still weak demand
Now since late March 2022, hot-rolled coil (HRC) prices in Europe have weakened due to persistently weak demand, although in recent trading some producers have been willing to give discounts to fill their order books. Northwest European HRC stood at 739 euro/mt, down...
Ferrous scrap: domestic demand remains weak for shredded products in the EU
Ferrous scrap prices in Northern Europe remained broadly stable in October as export demand supported prices despite relatively weak domestic demand. In Northern Europe, crushed scrap (Crushed Steel Scrap Rotterdam dollar/mt) stood at $364/mt on Oct. 10, unchanged...
Aluminum: Russian Rusal manufacturer reorganizes sales team
Russian giant Rusal has reorganized its sales team, signaling an intensified struggle to keep its sales portfolio strong despite the effect of Western sanctions imposed on Moscow. Rusal, the world's largest aluminum producer outside China, has not been directly...
Alumina: market braces for cost pressures and demand uncertainties in Q4
Global alumina and primary aluminum markets could continue to experience volatility and production challenges in the fourth quarter due to ongoing concerns about energy prices and trade flow disruptions, while indications of downstream demand are mixed. Market...