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Domestic prices for steel hot-rolled coil across Europe increased further over the week to Friday August 28, supported by high import prices, reduced production from domestic mills and seasonal demand recovery.
Steel processor Wuppermann has extended the hot-dipped galvanized coil capacity at its plant in Gyor-Gönyu, Hungary, by around 50%, the German company said this week.
South African manganese alloys producer Transalloys has declared force majeure after a fire at its plant in the country on August 22 that severely impacted the raw material handling system feeding its five furnaces, it was revealed over the weekend.
Fastmarkets invites all aluminium market participants to provide feedback on its initiative to price the physical low-carbon aluminium market.
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