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Fire in the Russian mine owned by Evraz
All miners were evacuated from a coal mine owned by Russian steel producer Evraz in the Kemerovo region after a fire broke out today. A spokesman for the mine operator Raspadskaya said the fire occurred on the surface. All employees were taken out of the mine....
Long steel: Italian market continues to record low consumption
Distributors and agents in Italy are complaining of a very negative September and October in terms of margins, sales and general activity. Some sources claim that sales of flat and long products dropped by 35-40% compared to last year. With regard to long products,...
Tin: why prices keep falling
Tin prices have fallen recently, with the LME Cash price dropping more than $2,000/tonne since Monday 25 September. Looking back only to late July, when prices were above $28,600/tonne, the drop appears even more dramatic. It was not so long ago that tin prices...
EU plans anti-subsidy investigation into Chinese steel producers
The European Union (EU) is planning to announce anti-subsidy investigations against Chinese steel producers during a summit with the United States this month. Brussels has reportedly agreed to join Washington's efforts to protect industries from low-cost competition....