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Wire rod steel: prices drop in the Mediterranean/Black Sea under pressure from India and China
Wire rod prices in the Mediterranean and Black Sea region have fallen due to lower purchases from India and China and the broader downward trend in long products in global markets. Buyers in Europe have recently imported large volumes of Indian wire rod. The last...
Coal: China prepares new moves to secure its supply
China should strengthen efforts to safeguard the balance between coal supply and demand amid its broader pursuit of further improving energy supply and optimizing the energy mix. ' Rising coal prices in international markets and the approaching summer, which usually...
Aluminum: U.S. imports rise again in March
According to data from the U.S. Census Bureau, imports of unalloyed primary aluminum into the United States totaled 140,8377 tons in March, up 4.5% from February, while shipments from Canada fell 4.2% to 82,850 tons. Total P1020 imports from January to March rose...
Aluminum: demand concerns push prices to five-month lows
Aluminum fell to its lowest in nearly five months as institutional funds cut their buy positions due to slowing demand, although concerns about production cuts in Europe due to high energy costs should provide some support. Benchmark aluminum on the London Metal...