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Copper: Codelco sees a ‘very stable’ copper price despite recent decline
The chairman of the board of Chilean copper giant Codelco Máximo Pacheco, sees a stable copper price despite the recent drop. The comments come as copper prices recorded their biggest weekly drop in a year, as investors fear that central banks' efforts to curb...
The Mexican steel market expects a difficult third quarter
The Mexican steel market is preparing for a bad third quarter, with prices falling due to low demand and oversupply. Prices of flat and long products have been falling for several consecutive weeks, and the speed and severity of the declines have worried market...
Coils and steel bars: UK initiates review of trade barriers against five countries
The UK Trade Remedies Authority launched a review of existing anti-dumping and anti-subsidy measures on two steel products and an investigation into whether anti-dumping measures for Ukraine should be suspended. On 24 June, the TRA initiated a transitional review of...
Steel: European Commission confirms definitive safeguard quota measures
The European Commission has released final plans to introduce global quotas for certain products and to maintain safeguard measures for steel until 2024. After the annual review of the safeguard measures, the EC sent a draft proposal to the WTO on 30 May, stating that...