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Steel: rising volumes and prices boost Vallourec’s third-quarter earnings
French steel piping manufacturer Vallourec reported a 55 percent increase in quarterly core profit, thanks to increased volumes, prices, and strong performance in the pipe business. Vallourec's third-quarter earnings before interest, taxes, depreciation and...
Aluminum: Rusal increases 2023 sales after LME decision
Russian aluminum producer Rusal said Saturday that its sales for 2023 have increased after the London Metal Exchange (LME) decided not to ban trading and storage of the Russian metal in its system. The exchange, the world's oldest and largest industrial metals market,...
Semiconductors: supply declines as automotive production increases
According to the European Automobile Manufacturers Association (ACEA), semiconductor supply may begin to decline in the last quarter of 2022, allowing production volumes to slowly recover. This comes after the EU increased car production by 5.8 percent year-on-year in...
HRC steel: the European market remains on standby
The European hot-rolled coil market remained on standby on Friday, November 18, and prices remained close to the cost line. HRC Hot Rolled Coils - Northern Europe stood at 625 euros/mt on Friday, November 18, in line with the previous day's prices. Buyers and...