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Ferrous scrap: prices imported from Vietnam fluctuate amid weak demand and supply inequality
In the past week, spot prices of imported ferrous scrap in Vietnam fell year-on-year due to limited demand both within the country and in the region. Major steel producers are hesitant to engage in deep-sea scrap market activities due to low sales of rebar. The...
Aluminium: the industry prepares for circular transparency
Traditional producers of secondary aluminium and aluminium alloys in one location smelted scrap because they were equipped and able to do so. Not having capital-intensive access to refined alumina or primary aluminium, they smelted scrap in a relatively cheaper...
Gold: India’s demand in 2023 may drop 10 per cent to three-year lows
India's gold demand in 2023 could fall 10 per cent from a year ago, hitting a three-year low, as record prices are curbing retail purchases. Falling purchases in the world's second-largest gold consumer could limit the recovery in global prices. Falling demand for...
Steel: Turkey’s impot and export fall in January-June
According to preliminary foreign trade data compiled by the Turkish Statistical Institute (TUIK) and the Undersecretariat of Customs, Turkey's foreign trade deficit decreased by 37.3% to USD 5.16 billion in June this year compared to the same month last year. In...