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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...
LME Closure Notice – May 5, 2025
The London Metal Exchange (LME) will be closed on Monday, May 5, 2025, in observance of the Early May Bank Holiday, a public holiday in the United Kingdom. During this day: All LME markets, including spot, futures, and official pricing sessions, will remain closed....
European Hot Rolled Coil Prices Stable: Weak Demand And Fears Of Excess Supply
European hot-rolled coil (HRC) prices were stable on 1 May, signalling continued pressure from weak demand and growing fears of oversupply in the domestic market. European mills are trying to attract orders for May through price reductions, but the market is showing...