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US Ferrous Scrap Stalled: Weak Export, Turkey Quiet And Inland Sales More Convenient
The US ferrous scrap export market remained largely quiet in the week to Wednesday May 20, weighed down by scarce activity from Turkish buyers and by domestic conditions that are making it more interesting to sell material inside the United States rather than direct...
Europe Prepares Strategic Stocks Of Critical Minerals To Reduce Dependence On China
The European Union is taking one of the most concrete steps of recent years in building a true industrial policy on critical raw materials. Tungsten, rare earths and gallium have been included in the shortlist of materials candidates for the first coordinated European...
European Aluminium Still Under Tension: Premiums Supported By Metal Scarcity And Middle East Disruptions
The European aluminium market continues to be dominated by the supply theme. In the week to Tuesday May 19, discussions among operators focused almost exclusively on the physical availability of metal, on difficulties linked to supplies from the Middle East and on...
Steel In The Gulf Under Pressure: The Closure Of Hormuz Puts Pellets, DRI And Production At Risk
Steelmakers in Gulf countries are facing one of the most difficult phases of recent years on the raw material supply front. Restrictions to navigation through the Strait of Hormuz are threatening the arrival of essential inputs for regional steel production, in...