Loading
Primary aluminum: prices close to key support
As written in yesterday's article (read here), the primary aluminum market balance closed with a deficit of 981 thousand tons. This follows a deficit of about 1.734 mln tons recorded for the entire previous year. Global aluminum production in the first ten months of...
Crude steel: U.S. production down slightly on weekly basis
It amounted to 1.627 mln net tons of U.S. crude steel production in the week ended Dec. 17, 2022. The capacity utilization rate was 72.9 percent. The data were released by the American Iron and Steel Institute (Aisi). Production in the week ended Dec. 17, 2022...
Steel bars: Chinese exports up sharply in November
In January-October, China's steel bar exports totaled 6.96 million tons, down 6.2% year-on-year, while wire rod exports totaled 1.86 million tons, down 0.2% year-on-year. China's export volume of angle/channel wire reached 3.38 million tons during the period, an...
Nickel: Xiang Guangda plans new plant to avoid future pressure from LME
The tycoon at the center of this year's nickel crisis is building a new metal plant that can be delivered to the London Metal Exchange, a move that signals his intention to continue trading on the LME while trying to avoid being caught in short pressures in the...