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Falling Prices of Imported Scrap Aluminium in India: Market Analysis
This week, prices of aluminium from imported scrap in India experienced a downward correction. This drop was mainly caused by the impact of the upcoming monsoon season on market demand, despite stable aluminium prices on the London Metal Exchange (LME). The resulting...
Extension of UK Steel Safeguard Measures: A Crucial Step for the Sector
On 26 June, the United Kingdom (UK) Secretary of State for Trade and Industry, Kemi Badenoch, announced the extension of steel safeguard measures on all 15 product categories until 30 June 2026. This decision, which follows a recommendation by the UK Trade Remedies...
Abandonment of BHP’s Takeover Offer on Anglo American
Recently, Australian multinational mining company BHP decided to abandon its bid to acquire London and Johannesburg-listed Anglo American, after the latter rejected the latest proposal. This development marks the end of a series of takeover attempts that saw BHP...
Analysis of the Stainless Steel Market in China: Import and Export Trends in 2023
The stainless steel industry in China is going through a period of mixed dynamics, characterized by significant fluctuations in both imports and exports. In the month of May 2023, the market showed trends reflecting changes both on a monthly and annual basis, offering...