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Assofermet criticises the extension of the notification period for the export of critical raw materials
Assofermet, the Italian association of scrap, raw materials and steel distributors, has requested a meeting with the Italian steelmakers' association Federacciai, stating that the amendment to the law extending the pre-notification period on scrap exports is...
Lithium: Australia blocks the acquisition of a mine by a company with ties to China
Australia has blocked the acquisition of the financially troubled Alita Resources lithium mine by a company linked to China, after the Foreign Investment Review Board (FIRB) issued an opinion. Australia supplies about half of the world's lithium and other minerals,...
Aluminium: Norsk Hydro accuses Russian metal of threatening LME benchmark status
The London Metal Exchange (LME) should reconsider its decision not to ban Russian aluminium from its warehousing network as large volumes are threatening the benchmark status of its aluminium contract, producer Norsk Hydro said in a letter sent this week. Russian...
Anti-dumping duties affect Turkish steel mills’ coated coil exports to the EU
Turkish exports of coated coils of width 600mm or more in the first five months of 2023 dropped 50 per cent year-on-year to 342,500 tonnes, due to anti-dumping duties imposed by the European Commission and low demand in most major export markets, including the US....