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EU Nations Push for Prohibition on Russian Scrap Imports

The Czech Republic, Lithuania, Latvia, and Estonia have jointly proposed to the European Union to ban scrap imports from Russia to hinder the country from funding its war against Ukraine. This proposal includes banning imports of ferrous metals, copper, and aluminum waste. The EU's imports of these products from Russia mainly pass through Lithuania; however, Lithuania cannot independently restrict or ban Russian scrap imports due to regulations under the Basel Convention and the Waste Transport Regulation. Additionally, the EU has imposed sanctions against Russia, setting a quota for pig iron imports and extending the slab import quota period until the end of September as part of its 12th package of sanctions.

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

Copper hits $11,200/t record as supply worries persist; analysts caution rally may cool

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