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The Global Scrap Market Remains Weak, With Buyers Slowing Purchases
The global ferrous scrap market closed the week ended Friday May 15 in a generally weak and prudent climate, with demand for finished steel products still not very bright in the main importing areas. The consequence was a reduction in purchasing activity, with steel...
Indonesia Accelerates In Aluminium: New Flows Toward China, South Korea And The United States Depart From Weda
Indonesia is rapidly strengthening its role in the global primary aluminium chain, with new exports departing from the port of Weda in March. According to the latest national import-export data published by BPS-Statistics Indonesia on May 4, Indonesian exports of...
The Hot-Rolled Coil Market Splits Between Prudent Europe And A Firmer United States
The international market for hot-rolled coils is showing two increasingly evident speeds. On one hand, Europe continues to move with extreme caution, restrained by holidays, irregular demand, regulatory uncertainty and scarce appetite for imports. On the other, the US...
Italian Ferrous Scrap Seeks Stability After The Increases Of Early May
After the increases recorded in the first days of May, the Italian ferrous scrap market seems to be entering a phase of greater stability. The last weeks were characterized by increases between 10 and 20 euros per tonne, with variations linked both to individual steel...