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Rumours of a ban or export duty on semi-finished products emerge in China
Since Monday, 26 February, rumours have emerged of a possible ban or duty on the export of semi-finished products from China, following an increase in billet sales abroad due to weak local market conditions. At the moment, this information has not been officially...
Lithium: Chinese market will remain weak despite production cuts
The Chinese physical lithium market will remain bearish in the coming months, as sluggish demand is likely to offset recent production cuts announced by lithium mines in Australia and potential production disruptions in China. In recent months, Chinese end-users have...
18% increase in plastic waste exports to the EU in 2023
The year 2023 showed a strong destabilisation of the European plastics sector. The increase of recycled plastic imports into the EU is creating an unbalanced market with serious environmental consequences. This, combined with the EU's declining competitiveness and the...
Steel: Metinvest stops operations in Mariupol and Avdiivka
Ukraine's Metinvest Group recently announced a 31% year-on-year decrease in crude steel production for 2023, citing Russia's invasion of the country as the cause. On 16 February, the company announced its decision to stop steel production activities at its Mariupol,...