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Artificial Intelligence Dominates Climate Week And Reshapes Energy And Metals Demand
The rise of artificial intelligence and the rapid construction of data centers dominated the debate at Climate Week in New York, transforming an event dedicated to decarbonization into a broader discussion about the future of energy, industry, labor and...
Asian Ferro-Alloys, Higher Costs Restrain Price Declines
Higher energy and reductant costs in China and India, together with water shortages penalizing hydroelectric plants in Southeast Asia, have supported ferro-alloy prices in recent weeks despite still-weak final demand. Smelters in the main producing regions are facing...
Chinese Stainless Steel Rises Ahead Of The Holiday, But The Market Remains Cautious
Stainless steel prices in China’s domestic market increased during the week ended Wednesday September 23, supported by buyers’ restocking ahead of the National Day holiday and a recovery in futures on the Shanghai Futures Exchange. Greater activity primarily favored...
European Steel Coils More Resilient, But Demand Restrains New Increases
The European coil market continues to show greater resilience than during the period before the summer break, but mills’ attempt to consolidate new price increases is still encountering resistance from weak demand. Producers are advancing high offers, supported by...