On metal market Steel m

On metal market Steel manufacturers and miners capture the attention through liveliness

Aperam and ArcelorMittal have focused their attention on Tuesday, after prices for iron ore rise slightly and those for nickel continue to fall. Other European steel producers and mining companies are also in the spotlight.
Forward contracts traded in Singapore for iron ore gained up to 1.7 percent in value, having reached the lowest level since August on Monday. The Brazilian miner Vale adjusted his sales forecast downwards earlier this week due to problems at a dam.
Nickel prices fall after worries about supply problems fade away. Among other things, this is important for Aperam, which makes alloys with nickel.
The share of ArcelorMittal increased in the first trading hour in Amsterdam by 1.27 percent to 13.71 euros. The rate of Aperam went up by 1.17 percent and came out at 23.37 euros.

Leave a Reply

Your email address will not be published. Required fields are marked *