Loading
HRC steel: prices rebound 2.70 per cent from previous day’s close
Buyers of hot rolled steel coils in Europe (HRC) are still digesting the latest market offers, and although prices have risen sharply since the beginning of the year, they remain below the levels expected by producers. HRC Hot Rolled Coils - Northern Europe settled on...
ArcelorMittal restarts long steel production in Poland and Bosnia
Global steel company ArcelorMittal has restarted operations at two European plants. Earlier this month, ArcelorMittal restarted the rolling lines at its steel mill in Sosnowiec, Poland, after almost two weeks of shutdown. But the plant is operating at a reduced pace...
Coal: Russia abolished export tax based on dollar-ruble exchange rate
The Russian government announced the abolition of export taxes on thermal and coking coal based on the rouble-dollar exchange rate. The taxes, which were introduced in October last year and ranged between 4 and 7 per cent to protect the domestic market from price...
Primary aluminium: rapid safety measures averted a serious fire risk at the Rusal smelter in Siberia
In the aluminium industry, where dreams of progress and innovation merge, the Russian giant Rusal stands like an imposing titan beyond the shadow of China. A recent fire at the Krasnoyarsk smelter, the central hub in Rusal's colossal arsenal, briefly threatened the...