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European Domestic HRC Prices Steady Amid Muted Trading And CBAM Uncertainty
European domestic hot-rolled coil (HRC) prices remained largely stable on Monday January 19, with trading activity subdued and market participants adopting a cautious stance. Despite thin liquidity, mills continued to seek higher prices for material with delivery from...
Ferro-Molybdenum Widens Its Range In Rotterdam Amid Renewed Buying Interest
The European ferro-molybdenum market showed renewed momentum on Friday January 16, with prices moving into a wider range in Rotterdam, supported by fresh buying activity from downstream consumers. Commodity Evolution’s daily assessment for ferro-molybdenum 65% Mo min,...
New Copper Smelting Capacity Advances Despite Historically Low TC/RCs
Global copper smelting capacity continues to expand, with more than 800,000 tonnes per year of new capacity moving steadily toward production readiness, despite treatment and refining charges (TC/RCs) sitting at historically low levels. According to Commodity...
China-Origin Metal Flows Reshape LME Stocks In December
China-origin metal flows had the largest impact on London Metal Exchange (LME) stock movements in December, according to the exchange’s latest country-of-origin data.While Chinese-produced tin and zinc helped ease tight supply conditions, outflows of China-origin...