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Nickel Industries attracts strong interest in its Indonesian supplies
More than 25 global car and battery manufacturers have expressed interest in buying nickel from Australian producer Nickel Industries' new Indonesian plant, CEO Justin Werner said on Tuesday, giving the latest boost to Indonesia's dominance in the nickel sector. The...
LME Steel Scrap: contract registers record daily trading volume
Turkey's CFR scrap futures contracts on the London Metal Exchange (LME) recorded a trading volume of 291,500 tonnes on 8 April, a record, according to the latest data. LME CFR Turkey scrap futures trading volumes have grown significantly in recent years, with around...
Steel and aluminium: Turkey restricts exports to Israel
In a decree published on 9 April, the Turkish Ministry of Commerce restricted exports of 54 product groups to Israel, including steel and aluminium. According to the decree, the restricted products include almost all long and flat steel products, steel pipes and...
Long steel: global market outlook is volatile
According to the latest report published by the Global Association of Long Products Producers and Exporters IREPAS, the global steel market continues to be negatively affected by the imbalance between supply and demand, while China's aggressive export policy makes the...