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Italian Steel Production in August 2024: Lights and Shadows on an Evolving Sector
In August 2024, domestic steel production in Italy decreased by 2.7% compared to the same month of the previous year, reaching 764 thousand tonnes. This figure represents an attenuation compared to the 3.9% drop recorded in July, a sign of a sector that, although in...
Growth of China’s Aluminium Imports and Exports in August 2024: Signs of Market Recovery
In August 2024, China's imports and exports of raw aluminium and aluminium products increased significantly, reflecting a growth in domestic production and a gradual recovery in demand, in line with the increase in foreign orders for Chinese semi-finished aluminium...
European Hot Rolled Steel Market: Price Pressures and Future Uncertainties
The European hot rolled coil (HRC) steel market is facing a period of uncertainty, with falling prices and stalled demand. As of 16 September, hot-rolled coil prices in north-western Europe have fallen slightly, with mills trying to stimulate demand by lowering bid...
The Nickel Crisis: An Excess Market and Russia’s Strategy
Russian President Vladimir Putin's recent suggestion to limit nickel exports as a retaliatory measure against Western sanctions was greeted with some scepticism by international markets. The feeble response of nickel prices on the London Metal Exchange (LME), which...