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Pig iron: Turkish imports down 7.9% in January-July
According to data provided by the Turkish Statistical Institute (TurkStat), in the first seven months of the year, Turkey's pig iron imports decreased by 7.9% year-on-year to 826,860 tonnes, while the value of these imports was $387.25m, down 32.7% year-on-year. The...
Aluminium: Glencore bought low volumes from Rusal
Glencore bought only a small portion of the potential 6.9 million tonnes of aluminium it could have purchased in the 2020-2022 period under its contract with Russia’s Rusal, which could be extended to 2025. Commodities group Glencore, under pressure to stop...
Latin American steel producers call for extension of CBAM deadlines
Latin American steel producers are demanding an extension of the deadlines for joining the European Commission's Carbon Border Adjustment Mechanism (CBAM). According to the statement issued by the Latin American Steel Association (Alacero), members of the associations...
Copper: Price moves in a narrow range ahead of Fed rate decision
Copper prices moved in a narrow range on Wednesday amid caution ahead of the US Federal Reserve's interest rate decision, expected later in the day, while rising stocks limited any strong gains. Three-month copper on the London Metal Exchange (LME) was steady at...