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Global steel overcapacity threatens industry, international forum warns
The Global Forum on Steel Excess Capacity (GFSEC), meeting in Milwaukee, United States, on September 30, 2026, warned of the growing structural overcapacity facing the global steel industry and announced a new framework for coordinated action among its members.According to... Read more
USA,Aluminum › USA - All-of-the-Above Approach Vital to America's Aluminum Future
Strong Trade Enforcement, Energy Investment and Scrap Export Controls Needed to Secure U.S. Aluminum SupplyAs demand for aluminum continues to grow across transportation, packaging, energy, defense and advanced manufacturing, the Aluminum Association is calling for an "all-of-the-above" strategy to strengthen... Read more
Aluminium › Aluminium Falls to a Two-Month Low
Aluminium prices fell to their lowest level in more than two months on October 1, as easing concerns over supply disruptions in the Middle East and a stronger US dollar put pressure on industrial metals.Three-month aluminium on the London Metal... Read more
Europe,Steel › European Steel Industry Under Growing Pressure
Europe’s steel industry continues to face a difficult combination of weak demand, high production costs and increasing competition in global markets.According to the European Steel Association (EUROFER), EU steel exports to countries outside the bloc fell by 20% in the... Read more
Economy › Global factory activity boosted by AI spending boom
Factory activity across Europe and Asia expanded last month as demand, partly boosted by the global AI spending boom, remained strong even as the energy price shock from the Iran war kept inflation elevated, surveys showed on Thursday.Rising inflation pressures... Read more
Economy › Global factory activity boosted by AI spending boom
Factory activity across Europe and Asia expanded last month as demand, partly boosted by the global AI spending boom, remained strong even as the energy price shock from the Iran war kept inflation elevated, surveys showed on Thursday.Rising inflation pressures... Read more
China,Europe › EU faces 300,000 factory job cuts as China ‘colonises’ supply chains, industry warns
Job losses in EU manufacturing will rapidly increase unless Brussels stops the “colonisation” of industry by Chinese component manufacturers, a leading industry trade body has warned.Eurometal predicts 300,000 job losses in manufacturing in the rest of 2026 because of expanding... Read more
Energy,Europe › Europe faces a bleak winter as supply shock pushes factories to the brink
From Shropshire to Hamburg, depleting reserves and spiralling costs are spawning a continent-wide energy crisis.Bridgnorth Aluminium has faced down Brexit, Covid and repeated energy shocks in recent years. But this winter is bringing extra “stress and pressure”, says its head... Read more
Foundry › European Foundry Industry Sentiment
The European foundry industry recorded a further improvement in business sentiment in August 2026. The European Foundry Industry Sentiment Indicator (FISI) increased to 97.0 points, up from 96.0 in July, continuing the gradual recovery seen after the weakness earlier this... Read more
GE › GE Aerospace bets on 'black art' of castings to secure jet engine supply
GE Aerospace has acted to contain shortages of precision jet engine parts while securing valuable technology by breaking into the inner circle of castings manufacturers with a $12 billion purchase of Consolidated Precision Products.Buying CPP, the world's third-largest maker of the... Read more
