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Primary Aluminium Production in China: Stability and Trends in 2024
Primary aluminium production in China continued to maintain significant stability in August 2024, despite potential issues related to energy shortages in Sichuan Province. According to data compiled by the Shanghai Metals Market (SMM), production did not decline...
Iron Ore Market Outlook: Analysis of Current Trends
During 2024, the iron ore market experienced a difficult phase, characterised by a significant drop in prices and growing uncertainty over global demand. This material, which is essential for steel production, saw its prices fall below USD 90 per tonne for the first...
Relaunching EU Economic Competitiveness: Mario Draghi’s Report and the Challenges for the European Steel Industry
A new almost 400-page report by former European Central Bank (ECB) President Mario Draghi outlines the measures needed to boost the economic competitiveness of the European Union (EU). According to Eurofer, the European steel producers' association, this report should...
China: Bauxite Imports Reach Historic Level in July 2024
In July 2024, China set a new record in imports of bauxite, the key ore for aluminium production, with a significant increase over both the previous month and last year. According to data released by China's General Administration of Customs, the import volume reached...