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Hrc steel: EU import requirements soften slightly
Import requests for hot rolled coils (Hrc) into Europe have softened somewhat since the end of last week, mainly from Asian sources. EU import quotas for the product remain available. Some Indian sources indicate that Hrc prices in Europe cfr are around...
Aluminium: US imports of P1020 fall in February
Imports of unalloyed primary aluminium into the US in February totalled 134,793 tonnes, down 29% from January, while shipments from Canada fell 21.4% to 86,504 tonnes. Shipments of higher-purity aluminium from countries such as the United Arab Emirates were down 49%...
Zinc: Trafigura gets ready to remove metal from LME system
Trafigura and other firms are moving to take large quantities of zinc out of London Metal Exchange-approved warehouses in Asia, fuelling concern about further problems at the exchange after chaotic nickel trading last month. Stocks of zinc, used to galvanise steel, in...
Aluminium: Japanese buyers accept 170 $/ton premium
The premium for aluminium shipments to Japanese buyers for the April-June period was set at $170 per tonne, down 2.8% from the previous quarter, as weak demand in Japan and China outweighed concerns of supply disruptions from Russia. The figure is below the $177 per...