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Pig iron and crude steel: oroduction of Ukraine’s Zaporizhstal increased in the first half
Zaporizhstal, a subsidiary of Ukrainian steelmaker Metinvest, announced its production results for June and the first half of this year. In June, the company's output of pig iron, crude steel and finished products was 199,100 tons, 159,400 tons and 131,900 tons,...
Beltrame discontinues the production of merchant bars in Europe
Italian steelmaker Beltrame is shutting down lines in Italy and France due to unaffordable production costs. The merchant bar production line in Switzerland, where the company mainly produces rebar, will also be idle. Expensive energy, particularly in Italy, and high...
EU carbon tax: India expects the tax to hit exports of steel, iron ore and cement
Already facing weak demand from developed nations, Indian exports are likely to be hit by European Union tariffs of 20% to 35% on high-carbon goods such as steel, iron ore and cement. In April, the EU approved the world's first plan to impose a levy on imports of...
Aluminum and copper: LME tightens daily price limits from 24 July
The London Metal Exchange (LME) will reduce daily price limits for aluminum and copper outright contracts to 12% from the current 15% effective 24 July. LME has imposed price limits on aluminum and copper, the most liquid metals at the LME, following significant...