Loading
Nickel: effects of geopolitical uncertainty and pandemic on demand
Geopolitical uncertainty and the Covid-19 pandemic could impact demand for carbon and stainless steel raw materials such as manganese and nickel in the second half of the year. A recovery in nickel demand in China is expected in the second quarter after slowing in Q1....
Copper: the protest continues in the mine of Las Bambas
MMG is still facing prolonged disruption at its copper mine in Peru after failing to clear the site of all protesters in an operation that further inflamed tensions with indigenous groups. Security personnel from the Hong Kong-listed company worked with police this...
Hrc steel: some Turkish steel mills cut prices
Some Turkish hot-rolled coil producers significantly cut their prices on April 29, as falling prices from Chinese mills and plummeting prices for imported scrap have increased pressure on Turkish mills in a sluggish market. Other producers, however, are still waiting...
Hot rolled coils: weak demand drags down prices
According to some market sources, EU steel producers are ready to accept lower prices for hot-rolled coils due to falling import prices and a slowdown in trade activity. Northern European hot-rolled coils were assessed to be down €15 at €1,275/mt ex-works in the Ruhr....