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May 19, 2023Steel Market News From PromisteelItalian steelmaker Acciaierie restarts No. 2 blast furnace at Taranto steelworks Italian steelmaker Acciaierie d'Italia recently restarted blast furnace No. 2 at its Taranto ste... -
May 19, 2023In April, China Exported 5.27 Million Tons Of Sheet Metal, An Increase Of 57....According to the latest data from the General Administration of Customs, in April 2023, China exported 5.27 million tons of steel plates, a year-on-year increase of 57.2%; the c... -
May 18, 2023WBMS: In March, The Primary Aluminum Market Saw An Excess Of 148,100 TonsIn March of this year, the worldwide primary aluminum market had a supply excess of 148,100 tons, according to a report provided by the World Bureau of Metal Statistics (WBMS). ... -
May 18, 2023A Fresh Energy Wave Is On Its Way, Fueling The Demand For Wire And CableGreen energy-related companies are about to experience a surge. The most important industry, wire and cable, is about to experience a surge in fresh energy. Because of the fierc... -
May 18, 2023Middle East Hot Rolled SteelOn May 16, the assessment price of UAE hot coil imports was US$580-610/ton (CFR), a decrease of US$55-60/ton from the previous month. According to market news from the United Ar... -
May 17, 2023LME Aluminum Prices Increase As Inventories Drop.On Monday, May 15, the LME aluminum futures increased by 1.25% from the previous day to reach US$2,259.5/ton. The decrease in aluminum stockpile was the main cause of the increa... -
May 16, 2023The Brazilian Government Has Repeatedly Announced Tariff Reduction PoliciesOn March 10, 2023, Brazilian Vice President Alkmin announced through social media that Brazil will cancel import tariffs on six commodities starting on the 10th. The six items i... -
May 16, 2023Turkey Faces Potential Risk Of Overcapacity in Galvanized Steel And Hot-rolle...Turkey faces potential risk of overcapacity in galvanized steel and hot-rolled coil Turkey faces the potential risk of overcapacity in galvanized steel and hot-rolled coil in th... -
May 15, 2023Italian Buyers Buy Imported HRC Due To Competitive PricesAs European HRC prices are on a downward channel, buyers are cautious. With only Italian mills on the market this week, volumes were limited, and HRC prices dropped by €30/t to ...
