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Ferrous scrap: Assofemet’s October note
The national ferrous scrap market overall stable and demand low. Demand from steel mills differed from region to region depending on production, which also differed from one mill to another. Quotations remained stable overall, as demand and supply were in line. The...
HRC steel: UK suspends anti-dumping duties from Iran and Russia
The United Kingdom (UK) government announced that it has suspended anti-dumping duties on unalloyed hot-rolled coil (HRC) or other alloys imported from Iran and Russia until the relevant import quota is exceeded. However, as the anti-dumping duties for Russian-based...
Steel: Chinese exports hit 7-year highs
China's finished steel exports in the January-October period reached the highest level since the same period in 2016, according to Chinese customs data on 7 November, a development that is due to weak domestic demand and rising production. According to market...
Aluminium: German industry faces unprecedented challenges as production slump persists
According to a report by Aluminium Deutschland (German Aluminium Association), Germany experienced a significant drop in aluminium production in the third quarter of the year. At smelters, the production volume of primary aluminium fell by almost 50 per cent, while...