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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
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Domestic prices for hot-rolled coil in Europe increased in the week to Friday June 25, despite slower trading activity in the market with buyers holding back from making new deals.
Turkish steel producers made no deep-sea scrap bookings on the first day of the working week, but are expected to return to the market for August cargoes soon, market sources said on Monday June 28.
Join Fastmarkets and the London Metal Exchange on Tuesday July 6 for a webinar about European aluminium premiums ahead of the launch of the LME’s new cash-settled futures contract.
A correction has been issued for this article. The update can be found here.
The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree.
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