Global insight
EUROPE HRC: Market remains slow; mills expected to increase offers
Activity in the European HRC market has remained slow this week due to ample stocks among distributors and persistently weak demand from end consumers. |
EU flat steel shipments fall 19% on year through April, stocks soar
Flat steel product shipments from EU steel service centers fell by 18.5% in January-April from the same 2019 period. |
UAE’s Conares Steel increases rebar price for first time in three months
United Arab Emirates producer Conares Steel has increased its rebar price to 1,774 dirhams ($483) per tonne ex-works, from the previous month’s level of 1,690 dirhams per tonne ex-works. |
ASIA HRC: Indian exports to continue on mounting Covid-19 infections
The country saw its largest spike in Covid-19 cases on Sunday June 14 at 11,929 cases, according to local media reports. |
Congo mining provinces impose new covid-19 lockdowns
Congo mining provinces impose new covid-19 lockdowns |
Chile says miners complying with sanitary measures amid outbreak
Chile says miners complying with sanitary measures amid outbreak |
Tesla strikes deal to buy cobalt from Glencore for EV plants
Tesla strikes deal to buy cobalt from Glencore for EV plants |
Australia pension giant pressing Rio over heritage site blasts
Australia pension giant pressing Rio over heritage site blasts |
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