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Steel: use of EU safeguard quotas confirms slowdown in imports
EU imports of steel products subject to safeguard measures slowed down in the first days of the second quarter. During the first eight days of April, when the new safeguard quotas became available for the quarter, EU customs cleared about 2.4 million tonnes of steel....
Alumina: price faces uncertain Q2 as Russia-Ukraine war continues
The global alumina market is set to be in a state of uncertainty in the second quarter of this year, as fallout from the war between Russia and Ukraine and a confluence of interconnected factors could alter supply and demand fundamentals. In the first quarter of 2022,...
Aluminium: world production falls by 7.24% in February
In February 2022, according to data from the International Aluminium Institute and processed by the Commodity Evolution research office, world production of primary aluminium fell by 7.24% compared to January 2022. On a year-on-year basis (between February 2022 and...
Steel: Shanghai freeze upsets market
Shanghai, China’s most internationalised city and the largest steel trading hub in eastern China, has been under a strict lockdown since 28 March to combat the worst outbreak of COVID-19 ever seen in terms of the number of infections. The citywide blockade has...