Loading
Copper: Aurubis invests 120 million euro to increase production in Bulgaria
German copper producer Aurubis said its supervisory board has earmarked €120m ($128.3m) for the expansion of the copper cathode production facility at its Pirdop site in Bulgaria - the company's largest individual investment at the site since it acquired it in 2008....
Steel: Turkey’s post-earthquake renovation raises many questions
It is estimated that the Turkish government will need 4 million tonnes of rebar for the planned building renovation activities in the Iskenderun region, raising many questions on the market. As the expected duration is 3-4 months and an additional 1 million tonnes of...
Copper: prices rebound after 5-week lows
Copper prices on the LME rebounded from five-week lows on hopes of a recovery in demand in China, the main consumer, offsetting the negative effect of a stronger dollar. Three-month copper on the London Metal Exchange was up 1 percent at $8,950/mt. LME copper hit a...
HRC steel: European manufacturers have no plans to lower prices
European steel mills are still hoping for higher prices for second-quarter HRC hot rolled products, despite the absence of purchases on Tuesday, Feb. 14. On Monday, leading European steel producer ArcelorMittal raised its offered prices for hot rolled products with...