MEPS respondents remain optimistic that the API line pipe sector will improve in 2025, despite a disappointing year with lower-than-expected sales...
Mexican aluminum scrap traders expect 'more aggressive buying in coming months' amid strong auto sector
Mexico's auto sector is enjoying a "good year." Aluminum premiums are higher than in the previous round of contracts. Expected labor...
Chinese economic stimulus measures lead to higher steel prices
The recent rise in steel prices in China has prompted steelmakers in other parts of the world to step up their own higher bids....
The World Steel Association forecasts that global steel demand will fall by a further 0.9% to 1,751 million tonnes this year.
There have been significant downward revisions to the 2024 steel demand outlook for most major economies, including China, reflecting continued...
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