HRC steel: European buyers assess requests for price increases
On Friday, 3 November, prices for European hot rolled coil (HRC) with December delivery showed a 1.05% increase over the previous day, settling in the EUR629.60/mt area, with buyers digesting new offers and questioning the sustainability of the upward trend due to a...
Zaporizhstal’s production increased in January-October
Zaporizhstal, a Ukrainian company controlled by Metinvest, announced production results for October and the first 10 months of this year. In October, the company's production of pig iron, crude steel and finished steel increased by 70.2%, 106.8% and 104.9%...
CBAM: EU Border Carbon Adjustment Mechanism would create a new trade barrier
The China Iron and Steel Association (CISA) expressed fears that the EU's Border Carbon Adjustment Mechanism (CBAM) would raise costs by 4-6%, creating a new trade barrier to Chinese exports. The mechanism, whose transitional phase began in October, will come into...
Uranium: Energy Fuels is preparing four mines for production
Critical minerals company Energy Fuels is preparing four of its uranium mines in convention for production, CEO Mark Chalmers reported. Together, these mines have the capacity to produce between 1 and 1.3 million pounds per year of uranium, excluding potential...
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