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EU emergency measures needed to overcome energy crisis threatening EU steel industry
At the extraordinary Energy Council, the European steel industry is calling on EU policymakers to provide immediate relief against high energy prices and costs even for energy-intensive industries exposed to international competition. Conventional trade and energy...
Energy: Italian ministry submits cap proposal
Italy's Ministry for Ecological Transition (Mite) has sent the EU its proposal to cap energy prices by introducing a maximum price at which natural gas can be traded. The cap would cover all physical and financial transactions and should be high enough compared to...
HRC steel: market approves production cuts
A reduction in working hours and closure of key plants at major European steel mills could be welcomed by the market at large. Until recently, several traders suggested that reducing production would be the best solution to synchronize supply and demand. Apparently,...
Zinc: premiums in Europe reach a new high
Premiums for special grade zinc ingot (SHG) in Europe reached new all-time highs on Tuesday, Aug. 30 due to concerns over supply disruptions, while those in China and the United States held steady amid thin spot trade. Physical spot premiums for refined SHG zinc ingot...