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European Steel Market: Prices Slightly Higher In October, But Demand Continues To Hold Back The Recovery
Market participants’ expectations point to a market moving towards gradual stabilization, with possible further price increases, moderately rising production and inventories still declining. Buyer resistance and weak industrial consumption, however, continue to limit...
Aluminium, Finland Backs Arctial: A €4.7 Billion Project To Strengthen European Supply
Europe is seeking to rebuild production capacity in primary aluminium and is looking to Finland as a potential location for a new industrial hub. The European Commission has granted the Arctial project Strategic Project status under the Critical Raw Materials Act,...
Mexico, Copper Scrap Prices Rise: Limited Supply And Firm Demand, Aluminium More Uncertain
The Mexican non-ferrous scrap market is moving at different speeds. In the week ended Wednesday, October 7, copper recorded widespread increases, supported by limited material availability and plants’ procurement needs. Aluminium, meanwhile, showed a less uniform...
EU Steel Tubes, Modest Recovery With Production Forecast To Rise 1.3% In 2026
EU steel pipe and tube production is expected to grow by 1.3% in 2026, following a marginal 0.1% increase in 2025. EUROFER’s third-quarter Economic and Steel Market Outlook 2026-2027 points to a gradual recovery amid continuing uncertainty across European...