The Northwest Europe HRC steel to raw materials spot spread narrowed to average Eur396/mt ($428/mt) in June, from Eur490/mt in May, according to S&P Global estimates.
The euro weakened to average $1.08 in June, affecting overall higher costs in dollar-denominated raw material imports.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
