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Extreme weather phenomenon, including catastrophic hurricanes, is driving increasing adoption of metal roofing and therefore Galvalume, market participants said during a trade show in Florida
Just 10 days after they were implemented, Brazilian importers have fully consumed the 62,300 tonnes of Galvalume reserved for import license quotas that were supposed to supply the market until the end of September, according to figures sent to Fastmarkets by the country’s Industry, Development and Trade ministry (MDIC)
Read more from senior analyst Andy Farida on how the price action in LME nickel has played out in the first half of 2024