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Turkey’s steel exports to Romania will drop 40 percent in 2023 due to high energy prices
The Steel Exporters Association (CIB) organized a trade delegation to Romania to increase the volume of steel trade between Turkey and Romania. In this context, meetings were held with the participation of 25 Turkish exporting companies to establish new collaborations...
HRC steel: EU steel mills prepare to raise prices
EU steel mills withdrew offers of HRC hot-rolled coils from the domestic market on March 28 as they are planning to raise prices. European mills are expected to raise hot-rolled coil prices to around 900 euro/mt in northwestern Europe and 900 euro/mt on delivery in...
Copper: Lundin Mining to pay $950 million for controlling interest in Caserones mine in Chile
Canada's Lundin Mining is buying a majority stake in the Caserones copper-molybdenum mine in Chile for about $950 million, adding to a stream of transactions in which miners are seeking to increase their exposure to the metal crucial to the world's energy transition....
Metinvest calls for opening seaports for steel exports
Ukraine's steel industry will recover only when seaports are unlocked to allow exports, says Metinvest business director Dmytro Nikolayenko. "Therefore, the group, on behalf of the entire industry, calls on Ukrainian authorities, diplomats and international partners...