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Steel: domestic CRC and HDG prices in Europe under pressure from slowing consumption
Domestic cold rolled steel (CRC) and hot dip galvanised (HDG) coil prices in Europe fell in the seven days to Wednesday 20 September due to slowing demand from end users and pressure from imports. European CRC and HDG producers avoided making firm offers due to the...
The European carbon border adjustment mechanism will set the new rules for global trade
According to the latest report by Wood Mackenzie Horizons, the Carbon Border Adjustment Mechanism (CBAM), a policy that will require manufacturers of imported goods in the European Union (EU) to pay a tax on emissions, is expected to accelerate decarbonisation...
Price increases resulting from carbon regulation at the border will damage the entire sector – Assofermet’s word
Assofermet, the Italian association of scrap, raw material and steel distributors, fully supports the emission reduction targets, but more attention needs to be paid to the economic consequences, regarding the requirements for the implementation of the Border Carbon...
Indonesia extends validity of mining production plans to three years
According to rules made public on Thursday, Indonesia will allow mining production plans to be valid for three years with immediate effect, with a view to greater efficiency in approving quotas. The move comes as nickel smelter operators, struggling with rising ore...