Chinese Steel, Rebar Rises But Buyer Resistance Slows The Market
Chinese export prices for reinforcing bar recorded a slight increase in the week ended Tuesday, September 8, while wire rod prices remained unchanged. The strengthening of the domestic steel market and rising raw-material costs encouraged sellers to increase offers,...
EGA Brings DX+ Ultra Technology To India: NALCO Heads Toward 960,000-Tonne Capacity
Emirates Global Aluminium has signed an agreement with India’s state-owned National Aluminium Company to provide DX+ Ultra smelting technology for the expansion of NALCO’s smelter in Anugul, in the state of Odisha. The brownfield project involves the addition of...
Asia-Pacific Alumina Declines: Excess Supply Prevails Over Production Costs
Sentiment in the Asia-Pacific alumina market remained predominantly bearish in the week ended September 8, penalized by concerns about a growing supply surplus. Material availability appears abundant both in China and in international markets, while the reduction in...
US Spot Markets Slowed By Labor Day: Zinc Rises, Aluminium Declines
The US spot markets for copper, zinc and aluminium experienced a week characterized by reduced trading and cautious demand, with the Labor Day holiday on Monday, September 7 limiting the presence of operators and shortening the pricing session that ended on Tuesday,...
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