Loading
Steel sections: prices in the EU remain stable
European steel section prices remained stable in the week to 27 April, as buyers refrained from booking orders at consistently high prices. The valuation of European medium sections (category 1, S235 JR) stood at 1,500 euro/ton. Market sources continued to quote...
Ferrous scrap: German market expects price drop in May
German scrap prices remained stable in April. However, most sources expect prices to fall in May, although uncertainty continues to affect the market. Nationwide average prices for old and thick E3 scrap stood at 550 euro/ton. The price of shredded E40 scrap reached...
China will increase infrastructure construction
According to a high-level economic meeting chaired by President Xi Jinping on 26 April, the Chinese government will promote the creation of infrastructure to stimulate domestic economic and social development. The meeting of the Central Commission for Economic and...
Nickel: global demand to rise to 3.02 million tonnes in 2022
Global nickel demand is expected to increase to 3.02 million tonnes in 2022 from 2.78 million tonnes in 2021, according to the International Nickel Study Group (INSG). Global nickel production is expected to rise to 3.08 million tonnes in 2022 from 2.61 million tonnes...