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Relaunch of the Taranto Steelworks: A New Chapter for Acciaierie d’Italia
The Taranto plant, the beating heart of Italian steel production, is about to experience a new rebirth. According to a Fiom-Cgil statement, Acciaierie d'Italia will receive a total of EUR 620 million in funding from the Italian government and the European Union. This...
Weak Demand for Aluminium and its Effects on Prices and Deliveries
The prolonged period of weak demand for aluminium has had a negative effect on both prices and deliveries of the metal. This trend is evident in aluminium foil shipments in Europe, which amounted to 217,800 tonnes in the first three months of 2024. According to the...
Analysis of Speculative Positions in the Nickel Market: Record Sales and Net Positions
The nickel market is characterised by considerable volatility, influenced by economic, geopolitical and supply and demand factors. A detailed analysis of speculators' positions provides valuable insights into market dynamics and expectations. Recent data show...
The European Steel Tube Market: Prospects and Challenges
According to the third-quarter Economic and Steel Markets Outlook 2024-2025 report published by the European Steel Association (EUROFER), the steel pipe and tube industry in the European Union (EU) is going through a period of contraction. Steel pipe production...