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Flat steel: a price collapse is unlikely
According to some distributors, prices of flat products will not collapse despite the standoff between buyers and sellers in the Italian coil and coil derivatives markets. Suppliers say they are selling high volumes at "unprecedented" prices. March was strong in terms...
Iron ore: AMKR increases production ahead of production restart
ArcelorMittal Kryvyi Rih (AMKR) will increase production of iron ore concentrate to 500,000 tonnes in April ahead of the resumption of steel production. Plans for a gradual increase in iron ore concentrate, which is directly linked to the company's plans to...
Steel: the european coil market remains stable
The coil market in the EU has remained stable over the past 20 days, with demand subdued in the wake of the recent price rally, although new uncertainties regarding sanctions and energy costs are still lurking. Demand reports have been mixed among storage operators...
Coal: the EU’s fifth sanctions package proposes a ban on imports of the Russian product
The European Union has proposed a fifth package of sanctions on Russia for its invasion of Ukraine, including imposing a ban on imports of Russian coal, worth €4 billion ($4.4 billion) a year. This will cut off another important source of revenue for Russia. The...