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The Price Trends of Hot Rolled Coils (HRC) in Europe: A Summer Season of Uncertainty
The price of hot rolled coils (HRC) steel in Europe has remained largely unchanged as the industry goes through the vacation season, with many market participants currently away. This situation has led to a period of stagnation in prices, with little change observable...
The Future of Aluminum: Global Challenges and Prospects.
The LME primary aluminum price is experiencing definite weakness, currently registering a 14.50 percent decline since late May. Currently, aluminum prices continue to retrace, settling now below $2,400/mt, exactly at $2,393/mt (09:01 Italian time), the lowest level...
The Aluminum Sector in India: Demands and Prospects for the Union Budget 2024
On the eve of the Union Budget 2024, Indian aluminum producers have made a number of demands to protect the domestic industry and safeguard thousands of jobs. Specifically, they urged an increase in the import duty on scrap aluminum to 7.5 percent from the current 2.5...
China’s Bauxite Imports in May 2024: A Detailed Analysis
In May 2024, China's bauxite imports decreased from the previous month, reversing the positive trend of the previous two months. According to Chinese customs data, China imported 13.549 million tonnes of bauxite, down 4.84% from April's 14.2376 million tonnes and down...