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Steel & Metal
- United Kingdom -

UK and EU Reset Post-Brexit Relations

The United Kingdom and the European Union have reached a new agreement aimed at resetting their relationship, covering trade, security, and mobility. The deal seeks to ease post-Brexit trade barriers, reduce red tape for businesses, and improve cooperation in defense and energy sectors.

One of the key provisions includes a 12-year extension of EU access to British fishing waters, a move that has sparked debate among industry stakeholders. Additionally, the agreement introduces measures to streamline food exports, allowing British agricultural products to enter EU markets with fewer restrictions.

The deal also lays the groundwork for a youth mobility scheme, potentially restoring some movement opportunities for young people between the UK and EU. Further negotiations are expected to refine details on student exchanges and work opportunities.

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