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Steel: demand for coils in Italy remains stagnant
Italian sales of cold rolled and hot dip galvanized coils continue to be particularly sluggish, with customers buying little material and expecting prices to continue to fall this week, in line with international coil prices. While HDG demand has been reported to be...
Tin: Chinese production increases in April
Chinese production of refined tin from major smelters rose 14.4% in April compared with the previous month, as most companies resumed the production process. Twenty smelters, accounting for 97% of China’s total capacity, produced 15,464 tons of refined tin last...
The United Kingdom sanctions the Russian steel plant Evraz
The British government has imposed sanctions on Russian mining and steel company Evraz because of its operations in sectors of strategic importance to the government of Russia. In a May 5 British government statement, Evraz’s main operations are in Russia and it...
Hot rolled coils: prices still down due to weak demand
Domestic prices for hot-rolled coils declined in Northern Europe due to limited purchasing activity. Northern European HRCs were assessed to be down €10 at €1265/mt ex-works Ruhr. Although there were few official offers at 1300-1330 euros/ton ex-works Ruhr, these were...