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Steel: according to Marcegaglia, prices are ready to rebound
Italian company Marcegaglia believes steel prices are close to the bottom and expects a technical rebound triggered by the slow return of demand. Chairman Antonio Marcegaglia said: 'I think that in a few weeks, or after the summer break, prices will go back up by...
Electric vehicles: Ford announces a series of agreements to accelerate their push
Ford Motor Co on Thursday announced a series of deals to accelerate the shift to electric vehicles, including sourcing battery capacity and raw materials from companies such as Chinese battery maker CATL and Australian mining giant Rio Tinto. The agreements are part...
Nickel: the supply chain is highly exposed to new shocks
The nickel market is hostage to two unpredictable players: Russia's Vladimir Potanin and China's Xiang Guangda. Nicknamed the Nickel King and the Nickel Big Shot, the two bosses from Norilsk and Tsingshan have influenced the market for decades. But now the pair's...
Ferrous scrap: offers from Turkey are declining due to low purchasing power
The Turkish imported scrap market remained mostly quiet this week, as steel mills have not yet returned to the market after the holidays. Negotiations remained quiet on the market, but no new deals were reported. Some participants believe that market sentiment is...