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Aluminum Scrap: The EU Considers A 15% Export Duty
The European Commission is expected to present a proposal in September to introduce a duty on aluminum scrap exports, with a 15% rate currently at the center of discussions. According to sources familiar with the matter, the plan could be unveiled on September 9,...
China Steel: Crude Production Stable, But Inventories Rise At Steel Mills
Crude steel production at mills belonging to the China Iron & Steel Association remained substantially stable between August 11 and 20, while rising coking coal prices compressed margins and discouraged an increase in production rates. Behind the stability of...
Steel Coils, Three-Speed Markets: Cautious Europe, Rising US And China Driven By Costs
International coil markets are moving in different directions at the end of August. In Europe, the return from the summer break has not yet produced a convincing recovery in trading; in the United States, limited spot availability continues to support prices; in...
European Aluminum: Tariff Risk Fades, Premiums Return Under Pressure
Reports of a possible reduction in US tariffs on Canadian aluminum produced only a brief bullish reaction in the European market. Once the Section 232 rate was confirmed to remain at 50%, market participants returned their focus to regional fundamentals: weak demand,...