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Mexican Non-Ferrous Scrap, Market Divided Between Resilient Aluminium And Greater Pressure On Copper
The Mexican non-ferrous scrap market went through a week without a uniform direction. The different aluminium categories followed diverging trajectories, while in copper the greater inflow of material increased pressure on the purchasing conditions of refineries. The...
Italian Scrap, The Price Decline Slows: The Market Prepares For The Summer Break
The Italian steel scrap market appears to have moved beyond the most intense phase of the recent downward correction. Demand remains weak, trading is reduced to a minimum and summer shutdowns are progressively slowing down the activity of steel mills. However, after...
Base Metals Fall In Shanghai, With Tin Leading The Losses
Most base metals traded on the Shanghai Futures Exchange opened in negative territory on Tuesday July 28, affected by a more cautious macroeconomic environment and the strength of the United States dollar ahead of the Federal Reserve’s interest-rate decision. Within...
Steel Scrap, Turkey Reignites The Global Market But Asia Remains Weak
International steel scrap trading suddenly regained momentum in the week ending Friday July 24, thanks to the strong return of Turkish steelmakers to the deep-sea cargo market. After a prolonged phase characterized by sporadic purchasing and inconclusive negotiations,...