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Spot Alumina Market In Slight Recovery: Prices Up Despite Holidays In Asia.
In the week ended Thursday, May 2, the spot market for Australian- and Chinese-origin alumina showed a slight weekly uptick, amid general stability influenced by reduced operations related to Labor Day holidays in many Asian regions, especially in China. The price of...
Oil In Sharp Decline: OPEC+ Supply Increase, U.S. Duties And Economic Slowdown Weigh.
The oil market recorded its worst monthly performance in more than a month in the first week of May 2025, due to a combination of negative factors: growing fears of oversupply, weak global demand, and macroeconomic pressures related to rising U.S. duties. Brent crude...
Ferrous Scrap Down In Italy: Between Holidays, International Pressures And Expectations On May Market
Over the past week, the Italian ferrous scrap market experienced a downturn, with falling prices reflecting the intertwining of domestic seasonal factors and unfavorable international dynamics. A trend expected by several industry players, but which materialized more...
Astro Shapes Strengthens Its Presence In The Industry With Acquisition Of Star Extruded Shapes And Star Fab
Custom aluminum profile manufacturer Astro Shapes announced via a press release issued Thursday, May 1, that it has acquired Star Extruded Shapes and Star Fab-two companies known jointly as “Star.” Financial details of the deal were not disclosed, but the acquisition...