Loading
Steel: lower forecast for Japanese steel demand
According to Japan's Ministry of Economy, Trade and Industry (METI), demand for crude steel, both for domestic sales and exports, will decline by 4.2% year-on-year to 23.33 million tonnes in the April-June period. In addition, Japan's crude steel production during the...
Aluminium: Alcoa ready to restart Alumar smelter in Brazil
Alcoa has fueled the first 20 smelting tanks at its Alumar aluminium smelter in Sao Luis, Brazil, to begin operational restart of the plant. Alumar's production is expected to reach its full capacity of 447,000 mt/year by the end of the year. The Pittsburgh-based...
Zinc: chinese production falls in March
Chinese production of refined zinc fell on both a year-on-year and monthly basis in March, as the COVID-19 outbreak disrupted the transport of raw materials. China's largest zinc smelters produced about 423,000 tonnes of the metal last month, down 0.7% year-on-year...
FerroAlloy: the raw material shortages and HBI costs hit Italian steel companies
According to the monthly report released by Assofermet, Italian demand for hot briquetted iron is falling due to skyrocketing prices since the start of the war in Ukraine. High HBI values have made the raw material uncompetitive compared to scrap. The supply of...