EU risks slow demise of aluminum industry if carbon tax not scrapped, Constellium CEO says
The upcoming tax - coupled with concerns over supply - has pushed up European premiums for physical metal to a 10-month high.
"China is overproducing, we would expect to see some slowing down in H2" — Ferrexpo CEO
China’s massive physical purchases of iron ore have been the primary driver of the post-pandemic price rally. Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) hit a new record on Wednesday, up 3.7%, changing hands for $237.57 a...
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