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IREPAS believes that scrap should stay in Europe
The International Rebar Exporters and Producers Association (IREPAS) released a report of a recent meeting in which officials of the trade group appeared to argue that Europe should limit scrap exports and predict that European ferrous scrap will soon all be needed...
Italian steelmaker Feralpi on the hunt for banks to organise an IPO
Italian steel group Feralpi is sounding out investment banks to organise a possible initial public offering (IPO), according to market sources. In early April, Reuters reported that family-owned Feralpi was working with consultants Lazard on strategic options,...
Steel products: worsening consumption in Italy
The Italian steel industry recorded total sales of €66bn ($72bn) in 2022, up 15.8% from 2021, local steel association Federacciai revealed. The sector imported 20.3m tonnes of steel products worth EUR26.9bn, up 33% year-on-year. Last year, the country exported 15.7...
Copper: Chilean Senate approves mining royalties law and moves to final vote
The Chilean Senate approved a long-awaited new mining royalties law on Wednesday and sent it back to the lower house for a final vote that could come as early as next week. Chile is the world's leading copper producer and the law aims to increase taxes on large copper...