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Alumina/bauxite: the imports into China in May reached a record level
China's bauxite imports reached a monthly record of 11.97 million tonnes in May, up 31.4 per cent year-on-year, according to data from China's General Administration of Customs on 24 June. Imports have remained above 10 million tonnes for five consecutive months,...
HRC steel: EU market down as demand further weakens
The European hot-rolled coil market fell on 27 June due to further weakness in demand. On 27 June, hot-rolled coils in Northern Europe fell by EUR 25/tonne from the previous session, to EUR 805/tonne ex-works. Domestic prices continued to be under downward pressure...
Steel and aluminium: US to increase tariffs on some imports from Russia to 35 per cent
The United States will increase tariffs to 35% on some steel and aluminium products imported from Russia in a move that will affect 570 different product groups in various sectors. According to President Joe Biden, the increase in rates to 35% on certain other...
Copper: Codelco sees a ‘very stable’ copper price despite recent decline
The chairman of the board of Chilean copper giant Codelco Máximo Pacheco, sees a stable copper price despite the recent drop. The comments come as copper prices recorded their biggest weekly drop in a year, as investors fear that central banks' efforts to curb...