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Saudi Arabia, Heat Slows Scrap But Prices Hold
Extreme heat and the slowdown in production activity at some steelmakers reduced the volumes of ferrous scrap traded in Saudi Arabia’s main domestic markets during the week ended Tuesday July 28. Prices, however, remained broadly stable, supported by the lower...
Vietnam Produces Its First Domestic Primary Aluminium And Reshapes Its Industrial Supply Chain
Vietnam has begun the commercialization of the first primary aluminium produced entirely within the country, opening a new phase in the development of its metallurgical industry. Stavian Industrial Metal has been appointed official distributor of the material produced...
India, Limited Availability Supports Coil Prices Despite Weak Demand
The Indian flat-steel market moved through the week ended Friday July 24 in a condition of substantial stability, showing only a slightly positive inclination. Prices were not supported by a recovery in consumption, which remained rather limited, but above all by the...
US Non-Ferrous Metals, Premiums Stable In The Summer Silence
The US non-ferrous metals market went through another week characterized by limited transactions, unaggressive offers and substantially unchanged premiums. Aluminium, copper and zinc followed a common dynamic: the traditional summer slowdown, scheduled plant...