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Aluminum: Indian appetite increases: How will this new global player affect prices?
In an otherwise sluggish market heading for a slow recovery in 2023, only India stands out from the rest of the world in terms of aluminum production and consumption. Indeed, the government's push for new infrastructure, especially for green energy, continues to drive...
HRC steel: European mills seek to rebalance supply and demand by cutting production
On Monday, 25 September, the European hot rolled coil (HRC) steel market was characterised by weak demand and minimal supply, resulting in a slow start to the week in terms of trade. Many steel mills in Europe have cut production or priced in the benefits of reduced...
Aluminium: China pushes global production to an all-time high
Global primary aluminium production reached an all-time high in August, with an annualised rate of 71.2 million tonnes. It was the second consecutive month in which production rates exceeded the 70 million tonne mark. Prior to July, this level had only been exceeded...
Indonesia starts trading carbon dioxide emission credits
Indonesia kicked off its first carbon credit trade on Tuesday, aiming to create a market to finance greenhouse gas emission cuts and become a major participant in global carbon trading. Indonesia, an archipelago that is home to the world's third-largest area of...