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Copper: prices recovering slightly – Lunar New Year break dampens trading
Copper prices on the LME rose on Monday, buoyed by prospects for economic recovery in China, the main consumer, and the weakening dollar, although trading remained subdued due to the closure of the Chinese market for the Lunar New Year holiday. Currently, three-month...
Aluminum and alumina: China records increased trade with Russia
According to Jan. 20 customs data, China's imports of primary aluminum from Russia increased for the sixth consecutive month in December 2022, while alumina exports also rose sharply. China's primary aluminum imports decreased by 65.8 percent year-on-year to 540,409...
CEIP-DRI of Italy agreement to support decarbonization
A memorandum of understanding has been signed by the president of CEIP Scarl (Consortium of Italian Electrosiderurgical Preriducts), Giancarlo Quaranta, and the CEO of DRI of Italy (Invitalia), Stefano Cao. The aim is to cooperate in the construction of plants for the...
Steel billets: Turkish Imports down 14.2%
Turkey's import volume of billet steel increased 14.1% year-on-year in November to 272,186 tonnes, up 34.0% year-on-year, according to data from the Turkish Statistical Institute (TUIK). The value of imports was $157.28m, up 14.0% month-on-month and 14.5%...