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The Italian Train Sheet Metal Market: Signs of Confidence Amid Uncertain Prices and New European Rules
The Italian market for sheet metal from trains, a key segment for the domestic steel industry, finally seems to be emerging from a prolonged phase of stagnation and showing the first encouraging signs of confidence. Although domestic demand remains weak overall, with...
European secondary aluminum ingot market breaks ten-week bullish streak
The European secondary aluminum ingot market ended a ten-week upward series, recording a decline in the week ended Friday, March 28. This slowdown stems from rather weak activity in the spot market, reflecting subdued demand from end consumers. Scrap shortage supports...
Italian Ferrous Scrap Market Stabilizes, but Balance is Precarious
Over the past ten days, the Italian ferrous scrap market has shown concrete signs of stabilization, after a start of the year marked by significant price increases. The current phase of supply and demand balance, however, remains delicate, as it is affected by...
Prices of Hot Rolled Coils Stable in Europe But Buyers Remain Skeptical
Hot-rolled coil prices in Europe remained stable on Friday, March 28, while buyers question the possibility of further increases, citing a lack of real demand. Hot-rolled coil prices, domestic market, ex-works Northern Europe, stood at 627 euros/mt on March 28, down...