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Steel: Ukraine’s production to fall to 7.6 million tonnes in 2022
Ukraine could produce 7.6 million tonnes of steel and 6.9 million tonnes of steel products in 2022, with 4.7 million tonnes destined for export. The country's steel production is expected to drop 64.5% from 21.4 million tonnes in 2021 due to the war with Russia....
Copper: Codelco workers go on national strike
Workers of the Chilean state-owned company Codelco will start a national strike today to protest against the government and company's decision to close a smelter. The workers had threatened a national strike if the board of directors did not invest in modernising the...
Lithuania blocks rail transit of Russian steel to Kaliningrad
Lithuania has imposed a ban on rail transit of Russian-origin steel to the Kaliningrad exclave, drawing criticism from Russia, which has threatened retaliation. The Lithuanian Foreign Ministry issued a note on Monday clarifying that it is only enforcing EU sanctions...
Steel: HRC prices falling across Europe
On 20 June, hot rolled coil prices fell by a further EUR 12/mt in Europe due to limited trading activity, as did prices in Italy. The price of hot rolled coils - Hrc - Europe euro/tonne stood at 875 euro/tonne, down 12 euro/tonne from the previous day. The bearish...