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Rising Stainless Steel Prices in China: Factors and Prospects
During the week to Wednesday, March 19, the range of stainless steel prices in China widened upward. This increase was driven by rising nickel pig iron (NPI) prices and persistent weak demand in the manufacturing and construction sectors. The valuation for 2 mm grade...
February: Italian Steel in Slight Decline (-0.8%)
In February, domestic steel production reached 1.8 million tons (mt), registering a slight decrease of 0.8 percent compared to the same month of the previous year. This figure marks a slowdown from the positive signal observed in January, but it does not compromise...
Since October 2024, the Aluminum Market Shows a Bullish Lateral Trend.
The aluminum market has maintained a sideways trend with a slightly bullish bias. Overall, the sector rose 1.16 percent between February and March, supported by modest increases in global aluminum prices. This movement reflects a combination of economic and political...
European Union Strengthens Quotas on Steel Imports to Protect Industry
Starting in April, the European Union will impose an additional 15 percent reduction on steel import quotas. This measure, announced Wednesday by a senior EU official, aims to prevent the influx of cheap steel into the European market, an indirect consequence of new...