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EU steel market: Balance between import decline and export growth in 2024
The European steel sector is in a phase of significant change in 2024, with a mixed picture of reductions in imports and increases in exports. This article offers a comprehensive look at the supply-demand balance of steel in the European Union, with detailed analysis...
US: International Trade Commission denies countervailing and anti-dumping duties on aluminum extrusion imports from 14 countries
In an unprecedented move, the U.S. International Trade Commission (ITC) has decided against countervailing and anti-dumping duties on imports of aluminum extrusions from 14 nations, including industry giants such as China, India, Mexico and the United Arab Emirates....
India: Toward a Reduction in the Reference Price of Bauxite to Support Aluminum Production and Consumption
In a move that could greatly affect the mining and industrial sector, the Indian government's Ministry of Mines recently made a proposal to reduce the reference price of bauxite. This price is critical in calculating the estimated value of mineral resources and the...
Turkish Ferrous Scrap Market: Downward Pressures and Global Influences
After peaking at $387/tonne CFR in early October, prices for ferrous scrap destined for Turkey fell rapidly to around $375/tonne CFR within three weeks. The price for HMS 1/2 80:20 from the European Union now stands at $355 $/t CFR, while material shipped from the...