Aluminium: precipitation plays a key role in limiting Chinese capacity
Another month, another new record for primary aluminium production in China. According to the International Aluminium Institute, production in the world's largest producer of the light metal increased by 2.3 million tonnes year-on-year since March and reached a new...
Copper: prices continue to rebound
LME copper prices continued the rebound that began in early October, thanks to the weakness of the US dollar, although gains were limited by a slowdown in winter demand in China, the world's top consumer, and a recent increase in inventories. Three-month copper on the...
Automotive: an end in sight for the UAW strike
After seven weeks of strike action, the United Auto Workers (UAW) union and the three major carmakers recently reached an agreement. All three automakers - General Motors, Ford and Stellantis - reached a tentative agreement with the UAW for 30 October 2023. With...
Steel: tube production in the EU to fall sharply in 2023
According to the fourth-quarter Economic and Steel Markets Outlook 2023-2024 report published by the European Association of Steel Producers (EUROFER), the production of the European steel tube industry decreased by 9.5 per cent in the second quarter of this year,...
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