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Northern European Stainless Steel: Higher Alloy Surcharges Fail To Stop Price Decline
The Northern European stainless flat steel market continues to move under pressure from weak demand. In the month ended September 7, prices for grade 304 and 316 cold-rolled sheet declined despite the moderate increase in alloy surcharges announced by mills for...
Sulfuric Acid: China Raises Ceiling To 1,721 Yuan, But Market Remains Near 1,350
China has raised to 1,721 yuan per tonne, equivalent to about $256, the indicative maximum price for sulfuric acid sold by copper smelters to fertilizer producers for September. The increase is significant: 166 yuan per tonne, or 10.7%, compared with 1,555 yuan in...
HRC Steel, Europe And China Diverge: Scarcity Pushes EU Prices Higher, Demand Restrains The Asian Market
The global hot-rolled coil market is showing a growing divergence between Europe and China. In Italy and Northern Europe, producers are seeking to consolidate increases by leveraging limited material availability, while buyers are assessing imports more cautiously...
European Secondary Aluminium: Ingot Prices Fall While Scrap And Energy Squeeze Margins
The European secondary aluminium market is going through a period of increasing tension. Prices for DIN226/A380 pressure diecasting ingot declined following a strong start to the week, while scrap and energy costs continued to rise, squeezing producer margins. Weak...