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Aluminium, Midwest Premium Rises Despite Weak Demand
The US primary aluminium market is going through an apparently contradictory phase: spot demand remains sluggish, held back by the traditional summer slowdown, but the Midwest premium has nevertheless recorded a slight increase. Supporting quotations are tensions...
HDPE, Asia moves at two speeds: increases in the east, caution in the subcontinent
The Asian high-density polyethylene market has taken different directions: Far East and Southeast Asia recorded increases supported by firmer offers and higher import replacement costs, while India and Pakistan remained substantially stable. Sri Lanka and Bangladesh,...
Wire Rod, US Production Outages Push Prices Higher While Correction Risk Grows
Domestic and imported wire rod prices in the United States recorded a moderate increase in August, supported by mill price hikes, limited availability and ongoing production outages in Illinois and Oklahoma. End-user demand is not described as particularly robust, but...
Asian Coking Coal Rises, China Pushes But The Spread Blocks Trading
Asian seaborne coking coal prices rose on Tuesday August 18, supported by strong Chinese buying interest and the rapid appreciation of the domestic market. The push, however, did not translate into an equally decisive increase in transactions, because sellers’ asking...