In a memo, a US Steel plant in Michigan says recently announced layoffs are expected to be temporary, not permanent. However, layoffs are likely to continue "periodically."
China's new standards for Green Building Evaluation came into effect on Aug. 1, 2019, adding copper tubes as one of the recommended materials for inflow water pipes for green buildings.
U.S. mills produced an estimated 1,872k tons at an 80.4 percent utilization rate, according to information from Majestic Steel. This is up from 1,867k tons and an 80.2 percent rate previously.
To say that the aluminium market has returned to ‘normality’ would be something of an understatement. The market remains far from ordinary and predictable.