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European Secondary Aluminium Falls With The LME And Demand On Hold
European secondary aluminium prices showed a weaker tone in the week ended Friday June 26, following the sharp correction in London Metal Exchange cash aluminium and the slowdown in trading activity typical of early summer. The market suddenly became more cautious,...
Italian Scrap Falling, Steel Mills Slowing And Volumes Increasingly Weak
The Italian scrap market closed the week with a further deterioration in the commercial picture. Demand from steel mills remains weak, supply continues to exceed real purchasing needs and quotations are undergoing increasingly evident downward pressure. According to...
European Steel Seeks Balance Between Decarbonization and Competitiveness
The European steel industry must continue to advance its decarbonization agenda, but without losing sight of an equally strategic objective: preserving the continent's global competitiveness and industrial base. This was the message delivered by Henrik Adam, President...
Hormuz Gradually Reopens, But Container Freight Rates Remain Under Pressure
The interim agreement between the United States and Iran seems to have started a gradual reopening of the Strait of Hormuz, even though the picture remains fragile and far from linear. Tehran has in fact announced a new closure after exchanges of fire between Israel...