India Toward 400 Million Tonnes: The New Frontier Of Global Steel
India aims to become one of the absolute pillars of the global steel industry. The declared objective is ambitious: to reach 400 million tonnes per year of crude steel capacity by 2035-36, against a backdrop of rapidly growing domestic consumption and sustained...
Copper Concentrates: Market On Pause But Under Extreme Pressure
The spot market for copper concentrates slowed this week due to the Lunar New Year holiday in China. With many smelters temporarily out of the market, treatment and refining charges (TC/RCs) remained broadly stable, but at levels close to historic lows. The copper...
Dofasco Cuts Scrap Purchases: Signal Of Imbalance In The North American Market
An unexpected decision has shaken the North American scrap market. ArcelorMittal Dofasco, based in Hamilton, Ontario, has revised downward its scrap purchases for the month of February, citing an excess of metallic inventory. According to market sources, the plant is...
European Secondary Aluminium: Firm Prices In A Scrap-Constrained Market
The European secondary aluminium alloy market continues to move on apparently stable but structurally tense ground. Prices remain firm, supported not so much by vibrant demand but by persistent scrap scarcity, the real driver of current dynamics. According to...
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