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Slight Price Decline For Hot-Rolled (HRC) Steel In Europe: Weak Demand And Caution
The European hot rolled (HRC) steel market fell slightly on Friday, 2 May, amid reduced trade due to the festive period and still weak final demand. According to market sources, buyers showed little interest in the highest bids, which were deemed not in line with...
Low-Carbon Aluminum: Differentials Unchanged In All Regions, But Divergent Trends Emerge
In the month ended Friday, May 2, the differential for low-carbon P1020 aluminum in Europe remained stable amid a generally flat market environment. The differential for P1020A low-carbon fob Europe was priced at $0-20 per ton, the same level as the previous month. A...
Spot Alumina Market In Slight Recovery: Prices Up Despite Holidays In Asia.
In the week ended Thursday, May 2, the spot market for Australian- and Chinese-origin alumina showed a slight weekly uptick, amid general stability influenced by reduced operations related to Labor Day holidays in many Asian regions, especially in China. The price of...
Oil In Sharp Decline: OPEC+ Supply Increase, U.S. Duties And Economic Slowdown Weigh.
The oil market recorded its worst monthly performance in more than a month in the first week of May 2025, due to a combination of negative factors: growing fears of oversupply, weak global demand, and macroeconomic pressures related to rising U.S. duties. Brent crude...