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Nickel: prices on consolidation phas
Although supply tension and soaring nickel prices have been predicted, partly due to its use in stainless steel pipes in the oil and gas sector and its presence in emerging battery configurations, this year is not shaping up to be a good one for the non-ferrous metal....
HRC steel: negative sentiment intensifies due to low demand
The mood in the European hot-rolled HRC market was strongly negative on 14 July due to limited demand and a slowdown in seasonal activity. Offers from integrated mills in north-western Europe were limited, as some have full order books until October. Planned...
EU extends anti-dumping duty on seamless round pipes imported from China
After an end-of-period review, the European Commission announced that the period of anti-dumping duties applied to seamless round pipes imported from China has been extended by five years. The investigation was initiated at the request of the European Steel Pipe...
Indian traders buy cheaper Chinese steel
According to industry officials and analysts, Indian traders have secured Chinese steel at heavily discounted prices. Attracted by discounts of between USD 30 and USD 50 per tonne on hot and cold rolled products, Indian buyers are signing a flurry of import contracts....