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The European Commission published a new steel import quota regime to curb duty-free steel entering the EU and protect regional producers. Annual duty-free import quotas are cut 47% to 18.3 mln tonnes; imports of 26 steel product categories above quot

2026-06-30

The European Commission published a new steel import quota regime to curb duty-free steel entering the EU and protect regional producers. Annual duty-free import quotas are cut 47% to 18.3 mln tonnes; imports of 26 steel product categories above quota will face a 50% tariff. The measures take effect Wednesday and target raising EU steel capacity utilization to 80%.

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2026-06-30

ECB Governing Council member Winsch: There will be some second-round effects.

ECB Governing Council member Winsch: There will be some second-round effects.
2026-06-29

As of the 23:00 market close, most domestic futures contracts rose, with benzene and low-sulfur fuel oil (LU) rising by more than 2%, and styrene (EB), propylene, polypropylene (monthly average), polypropylene, pulp, and PTA rising by more than 1%. O

As of the 23:00 market close, most domestic futures contracts rose, with benzene and low-sulfur fuel oil (LU) rising by more than 2%, and styrene (EB), propylene, polypropylene (monthly average), polypropylene, pulp, and PTA rising by more than 1%. On the downside, soda ash fell by 1%, while caustic soda, rapeseed meal, and polyvinyl chloride (PVC) fell by nearly 1%.
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