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Copper and zinc: the government of Peru plans to normalize shipments
The government of Peru, the second largest producer of copper and zinc, expects shipments of these raw materials to begin to normalize within days, thanks to the easing of the worst street protests in decades. "The problem of protests has been minimized right now,"...
Taiwan will introduce carbon tax in 2024
Aiming to reduce its carbon emissions to zero by 2050, Taiwan will establish a carbon tax system in 2024. The draft of the system is expected to be announced by the end of the year after negotiations with companies. Initially, carbon taxes will be imposed on 287...
Steel: Italy plans to help Ukraine overcome export obstacles
The Italian government has announced that it intends to help remove obstacles on steel exports facing Ukraine, whose ports have been confiscated due to the war and thus its export activities have been restricted. The government will present its plan to improve the...
HRC steel: European buyers show increased interest despite expected price increase
European buyers of hot-rolled coil (HRC) have shown increased interest in making reservations amid a bullish market environment and limited availability. Integrated steel mills in Northern Europe have mainly offered May coils at as low as 820 euros per ton EXW, with...