Alumina: prices will be strong in Q2 due to refinery reductions
According to market participants, the global alumina market is expected to be supported by lower production in the second quarter due to continued refinery cuts, while the latest sanctions imposed by the US and UK on Russian aluminium could cause potential disruptions...
EU CBAM will encourage other countries to introduce border levies on carbon emissions
According to the International Emissions Trading Association (IETA), the EU's introduction of a carbon border adjustment mechanism (CBAM) is prompting some countries to introduce their own border taxes, while others are considering retaliatory measures. In a report,...
U.S. Treasury Department announced new sanctions against Iran
The U.S. Treasury Department has announced new sanctions against Iran, following retaliatory attacks on Israel, in order to restrict Iran's steel industry. As a result, all assets and interests in the assets of the following designated persons located in the United...
Stainless steel: prices in China rise following sanctions against Russia
Domestic stainless steel prices in China rose in the week to Wednesday, April 16, on expectations of higher nickel prices following new sanctions against Russia. The U.S. and U.K. governments restricted the trading of newly produced Russian-origin aluminum, copper,...
Loading