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UK Scrap, 5C Remains Flat While The Market Waits For September
The UK light ferrous scrap market ended August without a clear direction. Weak purchasing would normally have placed pressure on prices, but equally low yard inflows prevented the formation of a genuine surplus. Commodity Evolution maintained its assessment of 5C...
Atalco, $800 Million To Save US Alumina And Start Gallium Production
The US government has made a new $100-million preferred-equity investment in Atlantic Alumina Company, bringing its total commitment to the Gramercy refinery in Louisiana to $400 million. The public intervention is accompanied by private investments intended to reach...
European HRC, The North Accelerates And Italy Prepares To Converge
The European hot-rolled coil market continued its recovery during the final week of August, but at very different speeds in Northern Europe and Italy. In the North, the price increased by more than €19 per tonne in one week, while the Italian index gained only €5,...
Boliden-Nexa, An Integrated Zinc Group Emerges Across Europe And Latin America
The acquisition of control of Nexa Resources will transform Boliden into one of the world’s largest integrated zinc groups, with a mining and metallurgical presence extending from Europe to Brazil and Peru. The transaction strengthens the group’s position in zinc and...