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Steel & Metal
- Ukraine -

Ukrcement Calls for EU to Postpone CBAM

Ukrcement, the Association of Cement Producers of Ukraine, is urging the government to request a delay in the EU’s Carbon Border Adjustment Mechanism (CBAM). The association argues that Ukrainian industries need more time to adapt to the new regulations, given ongoing economic challenges.

Stakeholders emphasize that CBAM could impose additional financial burdens on domestic producers, potentially affecting competitiveness. They are advocating for negotiations with the EU to secure a transition period that would allow businesses to adjust without immediate cost pressures.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices