Loading
Aluminum: Romanian producer Alro closes refinery due to “prohibitive” energy prices
Romanian company Alro, one of the largest vertically integrated aluminum producers in Europe by production capacity, announced that due to high costs and poor energy availability, it is forced to change its vertical integration strategy and adapt to the new and...
Steel: Russia sells Ukrainian product originally intended for Italy and the UK
Ukrainian integrated steelmaker Metinvest said on July 22 that steel stocks at its Azovstal plants in Mariupol, which were affected by the bombing, as well as material in other Ukrainian plants and ports, had been taken and sold by Russia. According to details...
Copper: MMG suspends production forecast after Las Bambas protests
Chinese mining company MMG Ltd said Monday that it has suspended copper production targets for the current year, following a 60 percent drop in production due to a lengthy protest at its Las Bambas mine in the Peruvian Andes that significantly disrupted operations....
HRC steel: prices up slightly due to gradual recovery in demand
On July 22, HRC-hot-rolled coils in Northwest Europe rose to 814.40 euros/mt, up 0.60 percent from the previous survey (809.50 euros/mt), buoyed by increased restocking activity by distributors. In the second half of July, trading activity began to pick up across...