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Hot Rolled Coil (HRC) Prices in Europe: A Detailed Look
Hot rolled coil (HRC) prices in Europe remained largely unchanged, reflecting sluggish demand and a market awaiting higher offers. According to market sources, attempts by domestic producers to increase prices on 5 July were mostly unsuccessful. The Market...
Ferrous Scrap Market Performance: June Analysis
June saw a national ferrous scrap market characterised by declines and a general slowdown. Steel mills and foundries reduced their purchases, contrary to expectations of stability. Prices suffered small but steady weekly reductions, influenced by high stock volumes...
IREPAS Report: A Global Steel Market in the Balance
The latest report published by the Global Association of Long Products Producers and Exporters (IREPAS) offers a clear but worrying picture of the current state of the global steel market. The balance between supply and demand is fragile, with a number of factors...
Sharply Declining Nickel Prices: A Market Analysis
In June, nickel prices suffered substantial losses, qualifying as the worst base metal with a drop of over 14%. Prices fell more than 19% from their peak on 20 May to the beginning of June, as they continued to search for a new low. Bearish Conditions and Strong...