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Aluminium: Norsk Hydro sounds alarm bells amidst the collapse of the construction sector
In a warning that echoes the echoes of the COVID-19 crisis, Norsk Hydro, Europe's largest aluminium producer, reveals a significant downturn in the construction sector in some of the continent's major countries. The company indicates a 50 per cent drop in demand for...
Uranium: hedge funds increase physical trading activity
The investment banks Goldman Sachs and Macquarie, as well as some hedge funds, are positioning themselves to reap the benefits of a buoyant uranium sector again, following the rise in prices of the nuclear fuel ingredient. While many other investment banks continue to...
Aluminium: prices slightly down after US smelter shutdown
After a 4.7 % month-on-month decline in January, aluminium prices fell a further 1.9 % in the first half of February. Despite these declines, aluminium prices continued to move in their long-term sideways range. Meanwhile, the Midwest Premium also remained stable,...
Ex Ilva goes into receivership
Invitalia, the company's public shareholder, on Sunday evening forwarded the letter with which to activate the extraordinary administration procedure to the Ministry of Enterprise and Made in Italy. Technically, it is an application for the subsequent technical and...