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Steel: European CRC and HDG prices are supported by limited supply
Prices of downstream flat steel products in Europe remained stable or slightly higher in the week to Wednesday, 22 November, despite producers' pushes for substantial increases. Slow demand from end users was the main factor dragging down prices for cold rolled coils...
Stainless steel: China’s exports fell 8.39% y-o-y in January-October
China imported 284,200 tonnes of stainless steel in October, up 22.8% month-on-month and down 8.59% year-on-year, while it exported 336,500 tonnes, down 1.91% month-on-month and up 13.76% year-on-year. China's imports and exports of stainless steel were recorded at...
ArcelorMittal Poland suspends coke plant in Krakow due to low demand
ArcelorMittal Poland, a subsidiary of Luxembourg-based steel producer ArcelorMittal, announced that it has decided to adjust coke production to the difficult economic conditions. The company will suspend its coke plant in Krakow due to low demand and the difference...
Alumina: Glencore and Hydro receive approval for acquisitions of Alunorte and Mineracão Rio do Norte
Hydro and Glencore's partnership to acquire Alunorte and Mineracão Rio do Norte (MRN) has received unconditional approval from competition authorities including Brazil, China, Germany and Austria. According to the recent report, all conditions have been approved,...