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Copper: Aurubis’ Q1 profit falls due to high energy prices
Aurubis AG, Europe's largest copper producer, reported Q1 profit falls (around 24)%, due to high energy prices and inflation that weighed on it despite strong demand, but maintained optimistic estimates for full-year profits. In the first quarter to end-December of...
Steel: EU exports down 15 per cent in January-November 2022
According to the first-quarter Economy and Steel Markets Outlook 2023-2024/2023 report published by the European Steel Producers' Association, total EU steel exports fell by 15% in the first 11 months of last year compared to the previous year. In this period, exports...
Metallurgical market: energy prices become a key factor for the European market
Energy prices became a key factor for the European steel market in 2023, with Russia's military invasion of Ukraine triggering numerous issues globally and, in particular, affecting the energy balances of several regions, as Russia was one of the world's leading...
Steel rebar: Italian producers seek price increase
Rebar producers are seeking a price increase of EUR 50/mt with the aim of slowing down the downward price trend that began in mid-January. Contract prices are again losing 10 euro/ton from one week to the next. This week the values paid are around EUR 480-500/mt...