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European Union Strengthens Quotas on Steel Imports to Protect Industry
Starting in April, the European Union will impose an additional 15 percent reduction on steel import quotas. This measure, announced Wednesday by a senior EU official, aims to prevent the influx of cheap steel into the European market, an indirect consequence of new...
Tin Premiums in Asia and Europe Remain Stable Despite Price Increase on LME
In the two-week period ended Tuesday, March 18, tin premiums in Asia and Europe remained stable, despite a marked increase in the three-month tin price on the London Metal Exchange (LME). The three-month tin price on the LME closed at $35,240 per ton on March 18,...
Rising Treatment Tariffs for Zinc Concentrates Imported into China: Analysis and Outlook
Treatment tariffs (TCs) for zinc concentrates imported into China continued their rise in the first half of March, supported by expectations of increased supply. As of March 14, spot treatment tariffs for zinc concentrates with cif delivery to China stood between $10...
The Impact of the New Tax On Steel Imports to India
Shares of major Indian steel companies rose significantly on Wednesday in the wake of a government agency's recommendation to introduce a temporary tax on certain steel products. The aim of the measure is to counter cheap imports and protect the domestic steel sector...