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Rolled steel: EU imposes anti-dumping duties on Russia and Turkey on coatings
The European Commission has imposed a definitive anti-dumping duty on imports of various types of coated flat steel from Russia and Turkey. However, collection of these duties is suspended during the period of application of EU safeguard measures. This follows the...
Nickel: LME bans Russian metal from authorized British warehouses
The London Metal Exchange (LME) has banned Russian nickel from its two authorized warehouses in the UK for exports made as of July 20. The decision follows an April 1 resolution that blocked other Russian metals, including copper, lead, primary aluminum and aluminum...
Aluminum and zinc: with high energy costs, prices could outperform
Slowing economic growth is weighing on industrial metals prices, but zinc and aluminum could outperform if skyrocketing energy prices force European smelters to further cut production, leading to greater shortages. Metal prices, including copper, aluminum and zinc,...
HRC steel: prices flex with uncertain outlook
Hot-rolled coil prices in Northern Europe fell on August15 due to limited market activity. Hot-rolled coils in Northwest Europe stood at 780 euros/mt on Aug. 15, down 0.60 percent from 784.75 euros/mt the previous day. Trading activity in Northern Europe was slow due...