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Steel scrap prices in both Turkey and the major Asian markets were under pressure in the week to Friday July 29. Most participants in these markets were expecting more of a downtrend to come in scrap prices amid weak sales of steel products
Electric-arc furnace (EAF) steel production is on the rise as China strives to meet decarbonization targets
The publication of Fastmarkets’ Shanghai minor metal price assessments for Friday July 29 were delayed due to an editor error in the peer review process.
Prices for steel hollow sections in Northern and Southern Europe were flat in the week ended Wednesday July 27 amid minimal market activity
Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets
The European aluminium market will face further uncertainty over the coming months amid high energy prices, low inventories and weaker premiums, Norsk Hydro chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview on Friday July 22
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