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The European HRC Hot Rolled Steel Market: A Snapshot at the Beginning of the Year
The Hot-Rolled Coil (HRC) steel market in Europe still looks rather stagnant in the first week of January 2025, with prices unchanged from pre-holiday levels. HRC Hot-Rolled Coil - Northern Europe prices (Jan. 7, 2025) stood at 562 euro/mt, up 1.62 percent from the...
Iron ore prices in 2025: a year of challenges and possible surprises
In early 2025, all available indicators suggest that iron ore prices will remain low, reflecting a market dynamic in which supply is strong but demand appears weak. Prices are expected to decline due to slowing Chinese demand and the introduction of potential...
The Trend of Primary Aluminum Production in Europe in 2024
The aluminum industry in Europe experienced a dynamic 2024, marked by monthly fluctuations but with an overall positive trend. According to the International Aluminium Institute, primary aluminum production in Europe (including Russia) in November 2024 was 590,000...
Hyundai Steel Evaluates a Steel Plant in the U.S.: Strategic Opportunities and Global Impacts
South Korean Hyundai Steel is considering building a new steel plant in the United States, a strategic move to strengthen its global position and directly support its automotive subsidiaries Hyundai Motor and Kia. The announcement came Jan. 8, accompanied by a...