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Aluminum: metal heading for further risk in supplies as Biden considers ban on Russia
A total U.S. ban on Russian aluminum threatens to disrupt a global market already tested by multiple disruptions, casting attention on how China could fill a possible supply gap. The Biden administration is considering options that include sanctions on Russia's top...
Steel: Duferco boosts product range and quality of Italian mills
Italian profile manufacturer Duferco Travi e Profilati is investing in a modernization of its steel mill in Pallanzeno, northern Italy. The steel mill has ordered a new cut-to-length line for profiles from the technology company Steele. The company's goal is to expand...
HRC steel: prices flex due to still weak demand
Now since late March 2022, hot-rolled coil (HRC) prices in Europe have weakened due to persistently weak demand, although in recent trading some producers have been willing to give discounts to fill their order books. Northwest European HRC stood at 739 euro/mt, down...
Ferrous scrap: domestic demand remains weak for shredded products in the EU
Ferrous scrap prices in Northern Europe remained broadly stable in October as export demand supported prices despite relatively weak domestic demand. In Northern Europe, crushed scrap (Crushed Steel Scrap Rotterdam dollar/mt) stood at $364/mt on Oct. 10, unchanged...