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Reliance Posts Record Results Driven By Demand And Rising Prices
The US giant Reliance Inc. opened 2026 with record financial results in the first quarter, supported by a favorable combination of strong demand and rising metals prices. The company, the largest service center in the United States, reported a net profit of $264.9...
Declining Production For South32 Between Aluminium And Alumina
The mining group South32 reported a significant decline in both aluminium and alumina production in March 2026, according to its latest quarterly report. A decrease that reflects a combination of operational and strategic factors, including the temporary suspension of...
The Diffuse Weakness Of Base Metals In Shanghai, But Nickel Surprises The Market
On the morning of Friday, April 24, base metals markets on the Shanghai Futures Exchange showed a predominantly negative trend, with almost all major contracts declining, except for nickel, which instead recorded a decidedly positive performance. At 10:30am Shanghai...
Steel In Italy Between Rising Prices And Weak Demand: An Increasingly Fragile Balance
The Italian steel market — across rebar, wire rod and welded pipes — is currently navigating a complex phase in which prices continue to rise, but without real support from demand. The result is an unstable balance, driven more by supply-side strategies and regulatory...