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Aluminium Scrap In India Under Pressure With The Decline Of The LME
The persistent weakness in aluminium prices on the London Metal Exchange continued to weigh on Indian imports of aluminium scrap in the week ended Wednesday July 1, pushing buyers to further reduce their purchase offers. Sellers, however, remained reluctant to align...
The United States Bets On Coal To Strengthen The Critical Minerals Supply Chain
The United States is once again looking at coal not only as a traditional energy source, but as a possible industrial reserve of strategic minerals. The US Department of Energy, through the Office of Critical Minerals and Energy Innovation, has awarded $75 million to...
Turkish Scrap Searches For A Floor, But Finished Steel Weakness Keeps The Market Under Pressure
The Turkish ferrous scrap market remains weak, but the picture appears less univocal than in the second half of June. After the sharp correction recorded during the month, operators are beginning to question whether quotations are approaching a bottom. Stabilization,...
Secondary Aluminium ADC12 Falls In Japan, Weak Autos And Retreating LME Weigh On The Market
Spot prices for secondary aluminium alloy ADC12 imported into Japan continued to fall in the week ended Wednesday July 1, reflecting the sharp correction in aluminium futures on the London Metal Exchange and weaker demand from the automotive sector. The market moved...