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Copper: prices at two-week lows
Most non-ferrous metals fell on Tuesday, with copper prices in London falling to their lowest levels in almost two weeks as the Chinese yuan weakened. Three-month copper on the London Metal Exchange (LME) fell 0.4 per cent to $8,834 per tonne at 09:08 a.m. (Italian...
Steel: Ukrainian flat product exports increased by 323.4 per cent
According to data published by the Ukrainian Steel Association Ukrmetallurgprom, exports of flat products rose by 323.4% year-on-year to 271,000 tonnes in January-February this year, while exports of semi-finished products increased by 208.3% year-on-year to 333,000...
Steel: immediate action is needed to protect EU production during decarbonisation
The European Steel Association (EUROFER) said that low-carbon steel produced in Europe, which plays a strategic role in the zero-carbon economy, faces serious problems such as high energy prices, unfair competition, global overcapacity and carbon costs. European crude...
Non-ferrous metals: the surge in ShFE stocks seems to have peaked
The surge in Shanghai Futures Exchange (ShFE) metal stocks due to the Lunar New Year festivities appears to have peaked, with reported stocks of copper, aluminium and lead falling over the past week. This is an annual phenomenon. While many metal producers shut down...