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Tin: European sanctions cut Belarusian tinplate out of the market
EU sanctions on steel imports from Belarus are blocking the modern tin-plating plant in Miory, northern Belarus, built in 2020 with the aim of supplying extra-thin cans to the European market. The Miory Metal rolling mill, the new and first Belarusian producer of...
Spanish steel production increases scrap consumption in April
The Spanish steel sector reported increases in steel production and scrap melting on a monthly basis in April. Both activities, however, remained weak compared to the same month a year earlier. According to the Spanish steel association Unesid, the local steel...
Hrc steel: weak demand further weakens prices in EU
Domestic prices for hot-rolled coils in Europe fell June 10 due to weak demand from end consumers and distributors. HRC in Europe was valued at 904 euro/mt ex-works, down 12 euro/mt from the previous day. Hot-rolled coil in southern Europe is valued at 884 euro/mt Cif...
China’s blast furnace capacity utilization has risen above 90 percent
From June 3 to June 9, the blast furnace (BF) capacity utilization rate of China's largest steel mills again surpassed 90 percent, rising for the seventh consecutive week to 90.14 percent, as some mills resumed operations or increased production due to improved steel...