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Steel In China: Market On Pause Ahead Of The Lunar New Year
The Chinese steel market moved into a phase of broad stagnation on Wednesday January 28, with spot prices for hot-rolled coil (HRC) largely stable and rebar prices falling, in a context dominated by weak demand, pressured futures and reduced activity ahead of the...
Black Mass: Asian Markets Surge While Europe Lags Behind Amid Regulatory Constraints
Black mass payables in key Asian seaborne markets have recorded a sharp increase since the start of the year, supported by a combination of rising metals prices, a particularly bullish Chinese import market and key regulatory changes. However, European-origin material...
Chrome Markets: Prices Rise Amid Supply Constraints And Regulatory Costs
The global chrome ore and ferro-chrome markets showed an overall bullish tone in the period up to Tuesday January 27, supported by solid demand, expectations of tighter supply and favorable macroeconomic factors. From China to Europe, and across the United States,...
Base Metals In The United States: Diverging Copper And Zinc Dynamics In A Cautious Market
The US base metals market is showing diverging dynamics between copper and zinc, within a context characterized by thin volumes, evolving arbitrage and a wait-and-see attitude among market participants. In the pricing session concluded on Tuesday January 27, the US...