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Zinc Premiums Remain Flat Across China And Southeast Asia Amid High Prices And Unfavourable Arbitrage
Zinc premiums in the Shanghai import market and in Southeast Asia remained largely unchanged in the week to Tuesday January 20, as high zinc prices on the London Metal Exchange and unfavourable arbitrage conditions continued to inhibit physical trade, market...
The European Coil Market Between Rigid Prices And Limited Trading
The European coil market has entered the second half of January without a real acceleration in trading activity, but with an increasingly rigid pricing stance. After the gradual return from the holiday period, activity remains limited, weighed down by weak end-user...
Asian Stainless Steel Prices Rise Again Driven By Higher Raw Material Costs
Asian stainless steel prices increased in the week ended Wednesday January 21, driven by higher raw material costs, despite weaker demand in both domestic and export markets and cautious sentiment among market participants. Major steel mills in China raised their...
New US Tariff Threats Against Europe Rekindle Global Trade Tensions
Over the weekend, President Trump announced on social media the intention to impose 10% tariffs starting February 1 on Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland for opposing the sale of Greenland to the United States,...