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Pig Iron And Billets: Rising Prices Amid Global Pressures And Weak Demand
The pig iron and billet markets are going through a complex phase, characterized by strong upward pressure at the global level but also by weak and uncertain European demand, particularly in Italy. These seemingly conflicting dynamics are reshaping the steel supply...
Secondary Aluminium In The United Kingdom: Supported Prices But More Cautious Demand
The UK secondary aluminium ingot market continues to show resilience, supported by a combination of factors including persistent difficulty in sourcing scrap and high replacement costs. However, beneath the surface, early signs of strain are emerging: buyers are...
Aluminium In Europe: A Market Caught Between Backwardation And High Costs
The European aluminium market is currently in a state of tension, caught between two opposing forces: on one side, persistent backwardation on the London Metal Exchange; on the other, rising replacement costs discouraging immediate metal sales. This combination is...
Steel In The United States: Rising Coils, Construction Demand Still Uncertain
The US steel market continues to move at two speeds: on one side, hot-rolled coil (HRC) prices continue to rise, supported by tight supply; on the other, the rebar segment shows demand that remains uncertain and inconsistent. This divergence reflects a transitional...