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Steel: EU wire rod prices hold steady
Northern European wire rod prices are stable this week due to low demand. However, some traders continue to expect more activity in the market this month. Domestic transaction prices for wire rod of drawing quality are 650 euro/mt ($698/mt) ex-works, while for mesh...
Iron ore: Turkey’s imports increased by 40.4 percent in January-February
In February this year, iron ore imports to Turkey totaled 1.03 million tons, an increase of 58.3% over January and 159.8% year-on-year, according to preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, revenue generated from these imports...
Steel: Thyssenkrupp will reduce production capacity in Duisburg
Thyssenkrupp has released details of a restructuring programme for its disputed steel division, saying that production capacity at the Duisburg site will be significantly reduced, with measures involving job cuts that cannot yet be quantified. The executive committee...
Copper: Chilean production up 9.8% in February
Copper production in Chile increased by 9.8% year-on-year to 417,000 tonnes in February, even as production at state-owned copper company Codelco declined, Cochilco, the country's copper commission, said on Thursday. Despite the overall increase, production at Chilean...