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HRC steel: European prices stable in a weak market
Prices for steel, hot rolled coil (HRC), remained largely unchanged in Europe on 10 May, while trading activity in the market remained weak. Distributors avoided stockpiling, limiting replenishment to the bare minimum, as they were uncertain about the sustainability...
Metal Scrap: supply in the EU – economic independence critical
The EU's failure to classify scrap as a critical raw material (CRM) is surprising, as the EU's scrap surplus is likely to turn into a deficit soon due to the transformation of steel producers into EAF. However, the list is subject to revision and scrap may soon be...
Copper: production in Chile decreased in March
Copper production in Chile, the world's largest producer of the metal, declined in March, according to data from the Cochilco Copper Commission, which showed a drop in output at state-owned mining company Codelco, but an increase at the country's other major mines....
Biden’s new duties on EVs, solar power and China’s medical supplies ready
US President Joe Biden is set to announce new tariffs on China targeting strategic sectors, including a sharp increase in levies on electric vehicles (EVs). The full announcement, expected on Tuesday, will maintain existing tariffs on many Chinese goods set by former...