Steel: flat-product steel shipments from EU and UK increased 3.3 percent in the first quarter
Shipments of flat product steel from steel service centers in the EU and the UK increased by 3.3 percent year-on-year in the first three months of 2022. Referring to shipping days, stocks at EU steel shipping centers reached 64 days in March 2022, up from 55 days in...
Gas: EC to prepare demand reduction plans in view of possible Russian supply blockade
According to a May 18 statement, the European Commission will seek to create an EU-wide gas demand reduction plan that could be implemented in the event of a total disruption of Russian gas supplies. As part of proposed measures to help the EU get rid of Russian...
Nickel: who will be the key player between supply and demand?
Global nickel use surged an extraordinary 16.2 percent last year, thanks to booming demand from the dominant stainless steel sector and the fast-growing battery sector. The result was a supply deficit of 168,000 tons, the largest production shortfall in at least a...
Carbon: Eurofer urges European Parliament to correct proposed reforms
On May 17, European steel association Eurofer called on the European Parliament to correct what it calls a "disastrous vote" on the European Commission's proposed reforms to the Emissions Trading Scheme (ETS) and the Carbon Allowance Adjustment Mechanism (CBAM). On...
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