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The European Steel Tube Market: Prospects and Challenges
According to the third-quarter Economic and Steel Markets Outlook 2024-2025 report published by the European Steel Association (EUROFER), the steel pipe and tube industry in the European Union (EU) is going through a period of contraction. Steel pipe production...
Crude Steel Production in Turkey: An Analysis of Recent Data
Crude steel production in Turkey has shown signs of significant growth in the current year, rising 4.3 per cent year-on-year in June to a total of 3.07 million tonnes. This figure, released by the Turkish Steel Producers' Association (TCUD), reflects a positive trend...
Transport Tariffs: Typhoon Gaemi devastates the Philippines, Taiwan and South-East China
Typhoon Gaemi caused massive destruction in the form of evacuations, deadly landslides and flooding in the Philippines and Taiwan, extending its devastating effects to parts of south-eastern China. The storm sank a cargo ship off the coast of Taiwan and stranded...
Decline in Prices of Imported Scrap Aluminium in India: Analysis and Prospects
India experienced a significant drop in the prices of imported aluminium scrap on a weekly basis, due to the decline in aluminium prices on the London Metal Exchange (LME). Prices across all categories fell by up to 4% this week, bringing uncertainty to the market and...