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HRC steel: European buyers stand by waiting for prices to fall further
On Friday, 1 March, the European hot rolled coil (HRC) market continued to be characterised by sluggish trading, with small quantity bookings awaiting a further price drop. Buyers preferred to wait and expect the general downward trend recorded in February to continue...
Aluminium: Europe could clash with US if EU bans Russian metal
European and US buyers will aggressively vie for Middle Eastern aluminium if the European Union bans Russian metal in the coming months, triggering a price rise reminiscent of that of 2018 when sanctions were imposed on Rusal. The rush for aluminium from Middle...
In January, Turkey became Europe’s largest steel producer
According to the Turkish Steel Producers' Association (TÇÜD), Turkey's crude steel production increased by 24.7 per cent year-on-year to 3.2 million tonnes in January this year, making it the seventh largest crude steel producer in the world. With this performance,...
Commodity Evolution 10′ Speech – Analysis on primary aluminium
The first appointment in the Commodity Evolution 10' Speech series, a format with a monthly frequency, where we will analyse in rotation an industrial metal listed on the London LME exchange, analysing the trends of the previous months with a subsequent overview on...