Copper: prices drop as partial closures return in China
Copper prices fell Thursday as the reintroduction of some lockout restrictions in China fueled fresh concerns about demand in the world's top metals consumer. Shanghai and Beijing are back on COVID-19 alert after parts of China's largest economic hub began imposing...
EU initiates review ahead of expiration of anti-dumping measures on hot rolled steel from China
The European Commission has initiated an expiry review of anti-dumping measures on hot-rolled flat steel products imported from China. Definitive anti-dumping duties were imposed on June 8, 2017, and were scheduled to expire on June 9, 2022. The Commission set the...
German market still expects steel prices to fall
German steel producers, traders and buyers are bearish on prices for June and are almost unanimous in their expectation of lower production levels. The market has seen a slowdown in demand for long products as buyers hold back in anticipation of further price...
Steel: Italian sheet metal demand may resume in July
Italy's heavy plate market continues to stagnate this month, with falling prices and virtually no sales. Despite the pause, however, northern European producers would have full order books, in some cases through the end of the year. Their sales are driven by strong...
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