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Aluminium: Chinese subsidies are decimating US production
According to Brook Massey, president of MI Metals, concerted efforts by China and other nations to undermine US industries are widespread and widely recognised. Now they have set their sights on a new target in Georgia: manufacturers specialising in extruded...
Copper: Imports into China in April fall as prices rise
China's imports of unwrought copper fell 8.2 per cent in April from the previous month, customs data showed on Thursday, as soaring global prices dampened buying appetite. Imports of raw copper and products into China, the world's largest consumer of the metal, stood...
Nickel: steel mills’ Q1 results stabilise thanks to metal prices
Nickel prices followed the other base metals throughout April, rising almost 15% month-on-month. At the end of April, prices reached their highest level since September, although they subsequently started to retreat as the upward momentum cooled. Outokumpu, Acerinox:...
Steel: EU imposed taxes on imported cold-rolled stainless steel sheet from three countries
The European Commission (EC) has announced that it has extended the anti-dumping and subsidy measures applied to cold-rolled stainless steel sheet imported from Indonesia to also include imports of these products from Taiwan, Turkey and Vietnam. Investigations into...