Yesterday, MetalMiner’s Stuart Burns touched on the aluminum market and plummeting inventories, a trend in stark contrast to former times of plenty. Meanwhile, in the steel market, global crude steel production totaled 145.7 million metric tons in October, the World Steel Association reported. Steel production slides The October steel total marked a decline of 10.
6% on a year-over-year basis. Meanwhile, output increased by 0.4% compared with the previous month. In China, the world’s top steel producer, output peaked this year at 99.5…Steel Prices Remain Elevated As Production Slides
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