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HRC steel: further dumping duties likely for EU
A "fourth wave" of anti-dumping measures on hot-rolled coils (HRC) is possible, according to Yuriy Rudyuk, partner at law firm Van Bael & Bellis. The latest round of sanctions and import bans on Russian steel products has led to a significant increase in...
HRC steel: demand remains weak with prices near period lows
Hot-rolled coil prices in the European market remained near period lows while trading activity remained weak. The Northwest European hot rolled coil price stood at 633 euro/mt on Nov. 10, down 2.44 percent from the previous survey. European mills continued to offer...
Steel: Turkish rebar’s descent continues
Turkish rebar producers continue to lower their prices due to weak demand. However, these lower prices are still not globally competitive and are not stimulating a recovery in export sales. On Thursday, prices for Round FOB - Turkey stood at $634/mt (€622/mt), down...
Aluminum-copper-zinc: Indian mining body calls for increase in import fees
India's main mining industry body has called for increased import taxes on a range of metals such as zinc, copper, and aluminum to help stem the tide of cheaper imports, especially from China. The Federation of Indian Mining Industries (FIMI) said in the memo...