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Carbon: Eurofer urges European Parliament to correct proposed reforms
On May 17, European steel association Eurofer called on the European Parliament to correct what it calls a "disastrous vote" on the European Commission's proposed reforms to the Emissions Trading Scheme (ETS) and the Carbon Allowance Adjustment Mechanism (CBAM). On...
Copper: mining protests in Peru threaten to block $53 billion investment
Peru, the world's second-largest copper producer, risks losing billions of dollars in mining investment if the government fails to defuse protests that are affecting the sector and denting production. In the past year since socialist President Pedro Castillo took...
Hot-dip galvanized coils: Turkish steel mills oppose European Commission decision
Turkish hot-dip galvanized coil producers will oppose the European Commission's May 10 decision to impose definitive anti-dumping duties on HDG imports to the EU from Russia and Turkey. Negotiations with the EC will be held on Friday this week. Turkey's major...
Steel: EU hot rolled steel prices fall further
Hot-rolled coil prices in Europe fell further on May 17 with the market in free fall. "Hot rolled coils - Hrc - Europe euro/ton" is valued on May 17 at 1,077 euros/mt, down 20 euros/mt from the previous day's close. Some market participants reported offers between...