Industry News

The steel output of Japan has been forecasted to fall 4.1% this quarter, despite continued efforts to stimulate the economy.

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Signs of a pick-up in the Chinese property market saw steel production soar to a new high in February, despite government officials’ efforts to streamline the industry and reign in capacity.

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Over the past few weeks the UK’s aluminium scrap market has tightened significantly, seeing prices increasing as much as 15% as buyers seek out raw material. Such price increases have been attributed to cold weather and Christmas shutdowns, which have

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Russia’s United Company RUSAL Plc is to expect a rise of 6% in global aluminium demand in 2013, driven by investment in Chinese infrastructure projects, Reuters reported this week.

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