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Acerinox Stops Production at Its Los Barrios Plant: A Hit to Stainless Steel Production in Spain
Acerinox, Spain's largest stainless steel producer, has announced the suspension of production at its 1-million-ton-per-year plant located in Los Barrios, Cadiz, effective Oct. 12. The decision comes following a temporary layoff agreement, known as ERTE in Spain,...
European Hot Rolled Coils (HRC) Market: Stable Prices and Rebound Prospects
The European Hot Rolled Coils (HRC) market has seen a relatively stable trend in recent days, despite attempts by steel mills to raise prices. On Oct. 9, HRC in Northern Europe stood at 536.00 euros/mt, down slightly from the previous day, but well below the levels...
Steel Rebar and Special Market in Italy: Challenges and Prospects
The steel market in Italy, with particular reference to steel rebar and special long steels, continues to be characterized by weak demand and price uncertainties. Difficulties in the construction sector, a general slowdown in the European economy and instability in...
Growth in Demand for Aluminum in North America
In the first half of 2024, demand for aluminum in North America (U.S. and Canada) increased significantly, marking a growth of 5.2 percent compared to the same period in the previous year. This increase is highlighted by the Aluminum Association's Aluminum Situation...