Loading
Alumina, Alunorte Weighs On Hydro’s Performance: Spot Gas And Port Delays Complicate Supplies
Gas procurement difficulties at the Alunorte refinery are creating significant financial pressure for Hydro Aluminium. On September 5, the company indicated a projected $75-100 million impact on its third-quarter 2026 performance, while estimating an effect of...
European HRC, Prices Diverge As Northern Europe Edges Lower And Tight Supply Lifts Italy
The European hot-rolled coil market is showing different trends in Northern Europe and Italy. On October 5, the Northern European benchmark edged down to €741.88 per tonne ex-works, while the Italian index rose to €745 per tonne, supported by exceptionally limited...
Nickel, SMM Forecasts Another Surplus In 2027 As Indonesian Recovery Offsets Demand Growth
The global nickel market is expected to remain in surplus in 2027, despite growing consumption in steelmaking and batteries. According to Sumitomo Metal Mining (SMM), recovering Indonesian production will help keep supply above demand, with an expected surplus of...
Japan Seeks Greater Autonomy For JOGMEC: Critical Minerals Security Also Requires Resources And Expertise
Japan is seeking to expand JOGMEC’s investment mandate to accelerate its search for alternative sources of critical minerals. The proposal would allow the public organisation to take direct stakes in projects without waiting for a private Japanese partner to commit,...