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Italian Steel Market In Crisis: May Of Uncertainty And Falling Sales
The steel market in Italy has gone through a particularly difficult month of May, remaining disoriented and mired in a crisis that does not seem to want to let go. This is what emerges from the monthly report published by Assofermet Acciai, the steel division of the...
Kakula Mine Restarts: Ivanhoe Restarts Operations in DRC After Flood
Ivanhoe Mines has announced the restart of operations at the western section of its Kakula underground mine in the Democratic Republic of Congo (DRC) after a forced suspension of operations for nearly a month. The temporary closure, which occurred on May 18, was...
Steel Rebar Prices Fall in Italy Despite Expectations of Stabilization
Contrary to the expectations of many operators in the sector, who had already hypothesized the beginning of a stabilization phase last week, the prices of steel rebar continued to decline. In the most recent week, in fact, prices fell by a further 10 euros per ton,...
Nickel Premiums: China Declines, Europe Steady in Two-Speed Market
On Tuesday, June 11, nickel premiums in Europe were unchanged from the previous week, despite a well-supplied market and rather weak demand. Assessments for the three main forms of nickel — full-plate, 4x4 cathode and briquette — confirmed price stability. The premium...