Loading
London Metal Exchange recovers from nickel crisis
The London Metal Exchange (LME) is showing signs of a full recovery after the 2022 nickel debacle. Average daily volumes reached 710,000 lots in December, up 54 per cent year-on-year and the strongest monthly trading activity since March 2020. Volumes in November and...
Aluminium: US market looks to 2024 for recovery in demand
After a year of low demand and lingering uncertainty, US aluminium market participants expect a recovery in 2024. Many expect to see higher premiums, believing that the market has bottomed out in the short term, and are already receiving requests for tonnage in the...
Steel: Italy’s imports and exports with non-EU countries in January-November are in line with previous periods
In the January-November period, Italy's steel trade with non-EU countries (excluding the UK) followed the trend of previous periods, with a slight decline in imports and an increase in exports, according to Italian steel association Federacciai. In the...
Key countries’ steel demand echoes rising Chinese exports
China's exports have been a key force for its steel industry, particularly in the wake of lower domestic demand due to the slowdown in the property market. China's cumulative (export-import) steel balance in January-December 2023 increased by 47% year-on-year to 83.58...