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Metals
Steelmaker Corus in new talks over sale of aluminium smelters
Corus has entered into exclusive negotiations with a new prospective buyer of its aluminium smelters in the Netherlands and Germany, the UK-headquartered steel producer said Thursday. Corus has started...More...
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Aluminum hits all-time record highs despite weak demand
Aluminum may have been responding to two different events in the week ending July 11 when it hit a succession of all-time price Global Aluminum markethighs , but the market remains divided over the medium-term direction, given that world fundamentals point to weak demand and rising stock levels.
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Steel Markets DailyNovolipetsk buys John Maneely in $3.5 billion deal
Russia's Novolipetsk Steel has signed a definitive agreement valued at $3.53 billion to acquire US steel pipe and tube manufacturer John Maneely Company from a shareholder group led by private equity firm Carlyle Group and the Zekelman family. Read more...
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