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Global Steel Demand: Forecasts for 2024-2025 and Analysis of Regional Dynamics
The short-term report published by the World Steel Association (worldsteel) provides an updated and detailed picture of the global steel demand outlook for 2024 and 2025. According to the association, the global steel industry is facing significant challenges that...
The Non-Ferrous Scrap Market in Mexico: Prospects for Aggressive Growth in the Auto Sector
The Mexican non-ferrous scrap market could see a significant increase in demand in the coming months, mainly due to the country's thriving automotive sector. According to the International Recycling Bureau (BIR) in its quarterly bulletin for Latin America of 10...
Acciaierie d’Italia Restarts Blast Furnace No. 1 in Taranto: A Step Toward Relaunching Production
Italian steel producer Acciaierie d'Italia has announced the restart of blast furnace No. 1 at its Taranto plant, scheduled for Oct. 15. The furnace had been taken out of service in August 2023 for major maintenance work, a key step in ensuring the plant's operational...
Aluminum Market in Tension: Prices Spurt After Suspension of Bauxite Exports from Guinea
On Friday, aluminum prices jumped significantly, surpassing 2 percent on the London Metal Exchange (LME), following a major disruption in supplies of bauxite, a crucial raw material for the production of alumina and, therefore, aluminum. The news that triggered this...