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Metinvest and Danieli’s new plant could rise in Piombino
Metinvest and Danieli's new plant could be built in Piombino, in the region of Tuscany. The plant was previously planned in San Giorgio di Nogaro. If a final agreement can be reached in the next two to three months, construction of the new plant will begin in spring...
HRC steel: rising prices in the European market
On Monday, 13 November, trading in the European hot rolled coil market (HRC Hot Rolled Coils - Northern Europe) showed an increase of 0.90% to EUR 640 per tonne. Meanwhile, HRC for December-January deliveries was offered by producers in the region at EUR 680-700 per...
Copper: protests force First Quantum to reduce ore processing at Panama mine
First Quantum Minerals has reduced copper ore processing at its Cobre mine in Panama due to protests against the project blocking access to the port, the Canadian miner said on Monday, the first sign that production at one of the world's largest copper mines could be...
Aluminium: prices are sideways while premiums remain bearish
Although down 4.29% in October, aluminium prices remain trapped in a sideways trend established in July. Prices have retraced from their late September peak, but have failed to make a lower low. Therefore, they continue to move within a narrow range. Global aluminium...