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Steel: northern European Hrc market in turmoil
Market participants reported an increased willingness by Northern European buyers to reduce prices for hot-rolled coils, while steel mills are considering production cuts due to reduced demand and high input costs. HRC in Northern Europe stood at 1,150 dollar/ton...
Tin: supply is running dangerously low
Despite a strong recovery in production, the tin market is still dangerously short of supply. According to the International Tin Association (ITA), global refined tin production increased by 11 percent to 378,400 tons last year. But if production is up, so is demand....
Aluminium: metal deficit in Europe triggers new declines in LME stocks
Aluminum stocks in London Metal Exchange (LME) warehouses, already at their lowest in 17 years, are set to fall further in the coming weeks as many tons of the metal are set to leave the LME system and head to Europe, where supplies are in short supply. Record...
EU launches review ahead of expiration of anti-dumping duties for Chinese pipes
The European Commission has initiated an expiry review of anti-dumping duties on imports from China of certain seamless circular tubes with an outside diameter greater than 406.4 mm. The review request was submitted by the European Steel Tube Association. The products...