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Scrap: EUROFER Concerns about the Persistent Risk of Circumvention
The EU Environment Commission has approved revised rules for the regulation on scrap shipments to promote the circular economy, resource efficiency and zero pollution targets of the EU. As a result, EU exports of hazardous waste to non-OECD countries will be banned,...
Ukraine: mining and steel industries operate in ‘survival’ mode
According to Oleksand Kalenkov, president of the national steel producers' union Ukrmetallurgprom, the Ukrainian mining and steel industry is operating in 'survival' mode due to what happened after Russia invaded the country in February 2022. In early January, the...
HRC steel: rising prices
Northern European hot-rolled coil (HRC) prices have risen further as some large steel mills have withdrawn from the market and others have increased their prices. The largest European producers have withdrawn from the market and are expected to return close to EUR...
Zinc: LME stocks fall to lowest since 1989
London Metal Exchange zinc stocks fell to their lowest level in more than three decades, but rising inventories and tepid demand from China, the metal's main consumer, are helping to dampen fears of a potential shortage. The closure of some European zinc smelters this...