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Market Analysis: Impact of the Growing Influence of Russian Aluminium and the Associated Risks
Reflection on the significant increase in the influence of Russian aluminium in LME warehouses and how this may affect price volatility risks. 🌍 Current Scenario: With the February figure standing at 91.12%, it is clear that Russian-branded aluminium is gaining ground...
HRC steel: EU market remains bearish due to low demand from buyers
The European hot rolled coil (HRC) market is in a still bearish trend, as buyers have refrained from placing orders, waiting for prices to bottom out. "There is no demand in the market at the moment," said a source at a German service centre. "Prices may fall further...
Nickel: bailout risks triggering a new trade war
Events following the nickel price collapse have taken a surprise turn, which could see a metal that rarely makes headlines become a lightning rod in relations between China, the US, Indonesia and Australia. Since the metal, mainly used in stainless steel and...
JSW Steel supports Italian steel industry with EUR 140 million investment
One of India's fastest growing steel companies, JSW Steel, recently announced the next step in its growth plan. JSW Steel Italy SRL has signed a memorandum of understanding (MoU) with the Italian government to restart production activities at its Piombino plant with...