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Global HRC Market: Downward Pressure in Europe, Uncertainty in China
Thursday, May 22, saw producers actively seeking orders in the European hot-rolled coil (HRC) landscape, but amid sluggish demand and downward pricing dynamics. According to market sources, Northern European Tier 1 mills offered HRC for July delivery at prices between...
World Crude Steel Production Slightly Down in April 2025
The World Steel Association (Worldsteel) has released updated data on global crude steel production for the month of April 2025, reporting a slight decline compared to the same period of the previous year. Global production stood at 155.7 million tonnes, recording a...
China Battery Recycling Market Slows Further In May
The Chinese battery recycling market continued its bearish phase in the week ending Thursday, May 22, in a context marked by the persistent decline in lithium prices and the consequent squeeze on margins for refiners. According to several market sources, this dynamic...
Canadian Aluminum Route Changes: 80,000 Tons Arriving in Europe
Following the imposition by the United States of a 25% tariff on aluminum imported from Canada, a significant amount of material has been diverted to Europe. According to market sources, approximately 80,000 tons of Canadian aluminum will be shipped to the Old...