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Global Ferrous Scrap Falls, Weak Finished Steel Demand Cools Buying
Global ferrous scrap prices showed a weaker tone in the week ended Friday June 26, penalized by sluggish finished steel demand in the main import markets. From Turkey to India, through Vietnam and Taiwan, steel mills maintained a cautious attitude, limiting purchases...
Aluminium Premiums, Europe Falls And Asia Waits For The MJP Settlement
The global aluminium premium market closed the week to June 26 with two different speeds, but with one common thread: caution. In Europe, extrusion billet premiums fell in Italy, Germany and Spain, penalized by easing supply concerns, the reopening of the Strait of...
Russian Aluminium, European Aluminium Calls For A More Effective Indirect Ban In The EU
European Aluminium has called on the European Union to introduce an indirect, enforceable and truly verifiable ban on Russian aluminium in the next sanctions package. The association, which represents more than 100 stakeholders including producers, processors and...
Brussels Postpones Decision On Aluminium Scrap Export Measures To September
The European Commission has postponed until September any decision on possible measures to limit or regulate aluminium scrap exports, prolonging a phase of uncertainty that the market had expected to see clarified before the summer break. According to an industry...