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Global Hot Rolled Coil (HRC) Market Weakness: Europe Slow, India Slow, US Mixed Pressure
The European hot rolled coil (HRC) market was in a lull on Friday, May 23, with prices remaining largely flat and trading activity minimal. Market sources reported marked slowness in trading in the second half of the month, attributing it to ongoing weakness in real...
Global Primary Aluminum Production Declines in April Despite Stable Daily Output
World primary aluminum production contracted by 3.27% on a monthly basis (MoM) in April 2025 (30 days), despite average daily output remaining largely unchanged. World average daily production stood at 201,100 tonnes, in line with 201,200 tonnes in March, according to...
Freeport Indonesia Restarts Manyar Plant Early: Cathode Production Expected for End of June
PT Freeport Indonesia (PTFI) has announced the early resumption of operations at its Manyar copper refining plant, located in the Indonesian province of Gresik. The company, controlled by Freeport-McMoRan together with Indonesian state partners, announced in a May 22...
Billets And Cast Iron In Italy Between Aggressive Imports, Stalemate In Demand And International Price Competition
The Italian billet market is going through a period of marked difficulty, characterized by strong competitive pressure from imports and a slowdown in domestic demand. National steel mills find themselves in a context where supplies from abroad, thanks to the favorable...