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Automotive: an end in sight for the UAW strike
After seven weeks of strike action, the United Auto Workers (UAW) union and the three major carmakers recently reached an agreement. All three automakers - General Motors, Ford and Stellantis - reached a tentative agreement with the UAW for 30 October 2023. With...
Steel: tube production in the EU to fall sharply in 2023
According to the fourth-quarter Economic and Steel Markets Outlook 2023-2024 report published by the European Association of Steel Producers (EUROFER), the production of the European steel tube industry decreased by 9.5 per cent in the second quarter of this year,...
Copper: price points to second consecutive weekly gain as dollar weakens
Copper prices are on an upward trend again today, Friday 3 November, as reported by Commodity Evolution's research department , heading for a second consecutive week of gains, thanks to a weakening dollar that offset concerns about demand from major consumer China,...
Aluminium: US extrusion market sees heightened uncertainty
North American aluminium consumers entered the annual contract negotiation season with greater uncertainty than at the height of the pandemic almost three years ago. The extrusion sector, in particular, has been plagued by excess inventories, double-digit demand...