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European secondary aluminum ingot market breaks ten-week bullish streak
The European secondary aluminum ingot market ended a ten-week upward series, recording a decline in the week ended Friday, March 28. This slowdown stems from rather weak activity in the spot market, reflecting subdued demand from end consumers. Scrap shortage supports...
Italian Ferrous Scrap Market Stabilizes, but Balance is Precarious
Over the past ten days, the Italian ferrous scrap market has shown concrete signs of stabilization, after a start of the year marked by significant price increases. The current phase of supply and demand balance, however, remains delicate, as it is affected by...
Prices of Hot Rolled Coils Stable in Europe But Buyers Remain Skeptical
Hot-rolled coil prices in Europe remained stable on Friday, March 28, while buyers question the possibility of further increases, citing a lack of real demand. Hot-rolled coil prices, domestic market, ex-works Northern Europe, stood at 627 euros/mt on March 28, down...
Codelco Maintains Lead In Copper Production As Hudbay Minerals Strengthens Its Position In Canada
Codelco maintained its status as the world's largest copper producer by a slim margin, narrowly exceeding BHP Group's production in 2024. Meanwhile, Hudbay Minerals strengthened its position in the industry with a strategic acquisition in Canada. Codelco reported...