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Copper: Anglo American appeals against rejection of El Soldado project
Anglo American plans to appeal the Chilean environmental commission's rejection of its $40 million continuing operations project for the El Soldado copper mine, 125 km north of the capital Santiago. Despite support from the country's top environmental assessment...
HRC steel: sentiment increasingly negative
Hot-rolled coil prices in Northwest Europe fell Aug. 4 as steel mills offered substantial discounts to secure September volumes. Northwest European HRC was valued at 812 euros/ton ex-works. Low demand was described as the main factor motivating the discounted sales,...
Stainless steel: Outokumpu’s second quarter deliveries drop 3.7 percent
Stainless steel producer Outokumpu delivered 603,000 tons of stainless steel in the second quarter, down 3.7 percent from the previous quarter, the company said Aug. 4. Europe's largest stainless steel producer said stainless steel deliveries in the first half of the...
Steel: Metinvest supplies sheet metal to Ukraine from Italian plants
Metinvest's trading arm, Metinvest-SMC, has arranged to import thick plate and hot-rolled coils to Ukraine from its plants in Italy. Because of the difficult situation with Metinvest's assets due to the Russian-Ukrainian war, there is a shortage of sheet metal in...