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HRC steel: EU producers resist price drops despite low demand
European producers sought to avoid price cuts on hot rolled coils on 29 June, despite weak demand from end consumers and distributors. The weak demand for flat steel in Europe was caused by a combination of high distributor inventories, logistical problems at ports,...
Ferrous scrap: procurement is a priority for Italian steel producers
Energy and ferrous scrap procurement are high on Federacciai's agenda, said the association's new president, Antonio Gozzi. Italy is Europe's second largest steel producer and is very unique in that 80 per cent of its crude steel production is by electric furnace,...
Turkish producers anticipate EU and South Korean anti-dumping duties
The Turkish Ministry of Commerce is expected to announce next week the imposition of an anti-dumping duty on hot-rolled steel imports from the EU and South Korea. The investigation, initiated in January 2021 following a complaint filed by the Turkish Steel Producers...
Aluminium: Rio Tinto and Corona Canada experiment with the first low-carbon can
Rio Tinto announced today, in collaboration with Corona Canada, the launch of the first specially branded low-carbon beverage can, produced by Ball Corporation. The cans, now available through a pilot project in Ontario, were produced using Rio Tinto's aluminium and...