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Electrolytic aluminium: Alumina and electricity costs drive up prices
The combined effects of alumina prices and self-powered electricity caused the cost of electrolytic aluminum to rise in August. According to various market research on electrolytic aluminum processing enterprises in China, in August 2023, the weighted average full...
Stainless steel: Stocks remain high with low lead times while prices remain stable
Nickel prices continued to fall, reaching their lowest level since July 2022 in mid-September. After a drop of over 7% in August, prices fell by almost 3% in the first two weeks of September. With the descent towards historical support zones, prices are close to...
Iron ore: the price rises thanks to China’s fundamentals but the ceiling remains
The spot price of iron ore rose to five-month highs on the back of improving sentiment and some favourable fundamentals in China, the world's largest buyer of this steel raw material. However, there are also some factors that could limit the extent of the rally in the...
Steel wire rod: exports to Turkey fell by 59% in January-July
According to data provided by the Turkish Statistical Institute (TurkStat), Turkey's wire rod exports fell 59% year-on-year to 289,410 tonnes in January-July. Exports were recorded at 50,693 tonnes in July this year, up 17.8% month-on-month and down 55.8%...