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Steel: ArcelorMittal raises prices of long products across Europe
ArcelorMittal has increased the price of long steel products by 20 euros ($21.28) per ton across Europe, sources said on the sidelines of the Wire and Tube fair in Dusseldorf. In the first week of April, prior to the price increase, ArcelorMittal offered rebar in...
Italy will try a new import procedure to avoid taxes
The Customs and Monopolies Authority has launched new experimental solutions that will make steel imports more flexible for Italian companies subject to quotas, starting with the new quota period that began on 1 April. Before the introduction of the new procedures,...
Lithium: Asian prices to remain stable in second quarter thanks to measured demand and ample supply
Asian lithium prices are expected to remain broadly stable at around 100,000 yuan/ton ($13,800) in the first half of the second quarter, although traders are not discounting the possibility that levels will soften due to prevailing oversupply, while demand is expected...
Russia and China trade new copper disguised as scrap to evade taxes and sanctions
Russian copper producer RCC and Chinese companies have circumvented taxes and the impact of Western sanctions by trading new copper wire rods disguised as scrap. The copper wire rods were shredded by a middleman in China's remote Xinjiang Uyghur region to make them...