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Billet and Pig Iron Markets: A Weak Autumn
The European billet market remains stagnant, in a state that one operator bluntly described as "immobile." Buying appetite appears extremely low, with transactions reduced to the bare minimum and market liquidity virtually nonexistent. European suppliers face...
European Molybdenum Oxide Prices Decline in Early October
The European molybdenum oxide market showed renewed signs of weakness on Thursday, October 2, with prices declining and a range widening to the downside. The lack of buying interest, in an already sluggish environment, further depressed trader sentiment, according to...
Deacero Strengthens Presence in Northern Mexico with New Recycling Plant in Ciudad Juárez
Mexican steelmaker Deacero has announced the construction of a new recycling plant in Ciudad Juárez, Chihuahua, expanding its presence in an area considered crucial for the sector. The facility will be equipped with an on-site scrap shredder, a technology that will...
Steel Rebar in Italy: Prices in Free Fall
The Italian rebar market remains profoundly weak, with prices continuing to decline significantly. According to industry reports, prices reached €250/t starting price as early as the middle of last week. However, for larger volumes, trading was also reported at lower...