Ukraine: ferrous metals exports revenue down in January-August 2019

In January-August Ukraine received $6.3 billion of revenue from the exports of ferrous metals, down by 10% YoY. According to the State Statistics Service, ferrous metals accounted for 19.08% of total revenue, down from 22.65% in 2018. In August exports revenue was $685.68 million. Imports of ferrous metals in 8 months dropped by 4.4%, to…

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Ukraine: Security Service checks AMKR Sinter Plant

On September 5 Security Service officers came back to inspect sinter plant. Law enforcement officers jointly with Regional Environment Inspectorate performed measurements on stationary emission sources. The plant created all conditions for representatives of Security Service, which was proceeding with criminal investigation under the article 441 of Criminal Code of Ukraine (“Ecocide”). In addition, representatives…

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CISA warns of impact of China’s slowing property sector on steel demand

China's construction sector consumed two-thirds of China's incremental steel production over January-July, with the stronger-than-expected property market remaining the biggest steel demand driver, according to the China Iron & Steel Association. China's net steel exports decreased by almost 200,000 mt year on year over January-July, while its crude steel production increased by 48 million mt…

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Uptick in demand, falling stocks will support Chinese copper premiums through Q3 – sources

Grade A copper cathode premiums in China will be well-supported throughout September and October, primarily due to improving downstream demand and declining domestic stocks, Fastmarkets heard on the sidelines of a copper conference held in the Chinese city of Qiqihar on Thursday September 5. The cif Shanghai and in-warehouse Shanghai copper premiums both rose to…

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