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Iron ore: bearish demand expectations put a strain on prices
Iron ore prices, long resilient despite China's gloomy economic outlook, tumbled after the end of the Lunar New Year festivities, triggering concerns about falling demand and denting the mining stocks of leading producer Australia. Prices have fallen nearly eight per...
Steel: Turkey’s exports and imports increased in January
According to preliminary foreign trade data compiled by the Turkish Statistical Institute (TurkStat) and the Undersecretariat of Customs, Turkey's trade deficit narrowed by 56.4 per cent to $6.23 billion in January this year compared to the same month last year. The...
Aluminium: the EU needs a pragmatic approach to energy transition and a rethink of the CBAM
According to Evangelos Mytilineos, managing director of Greek diversified metals and energy company Mytilineos, the pressure of the energy transition is increasing the 'existential' challenge facing the European aluminium sector, and the EU's incoming Carbon Boundary...
Rumours of a ban or export duty on semi-finished products emerge in China
Since Monday, 26 February, rumours have emerged of a possible ban or duty on the export of semi-finished products from China, following an increase in billet sales abroad due to weak local market conditions. At the moment, this information has not been officially...