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CBAM: the threat of circumvention worries European distrib
European steel service centres are concerned that some large tier one customers are turning to imports of steel-containing end products from third countries, as they are not covered by the carbon border adjustment mechanism (CBAM). Asian suppliers, meanwhile, are...
Steel Foreign Trade Association: focus should be on value-added production
During the Steel Foreign Trade Association's ‘Steel Conversations’ online meeting on 28 May, the current state of the Turkish steel industry and future prospects were examined. Participants highlighted the crucial importance of shifting the focus to value-added steel...
Nickel: Indonesia buys record quantities of Philippine ore
Leading nickel producer Indonesia has been buying record volumes of nickel ore from the Philippines since April, as smelters' demand increased, while Jakarta's delays in releasing mining quotas and heavy rains hurt local supply. Indonesian nickel ore imports from the...
GFG Alliance explores co-investment and divestment options for Liberty’s Belgian, Luxembourg and Italian plants
Liberty Steel recently launched a review of its downstream flat rolling operations in Western Europe. The company's parent company, GFG Alliance, said the potential shake-up of the steel industry stems from an expression of interest from several interested parties....