Loading
European Nickel Premiums Remain Stable While High Prices Restrain Demand
European refined nickel premiums remained stable in the week to Tuesday May 12, in a physical market that continues to move with extreme caution. The stability of premiums does not reflect particular strength of demand, but rather a fragile equilibrium between scarce...
Gravita India Accelerates On Copper Recycling While India Seeks New Sources Of Supply
Gravita India is preparing to build a new copper recycling plant worth 1.6 billion rupees, equal to about 19.2 million dollars, in Mandvi, in the Indian state of Gujarat. The investment represents a new piece in the group’s industrial strategy and confirms an...
US Steel Seeks A New Equilibrium After Years Of Compressed Prices
In the global steel trading system, marked by enormous and persistent production overcapacity, the rise in prices of US steel commodities since the start of the year is read by part of the American industry not as an anomaly, but as a form of recovery. After years of...
European Copper Cathode Premiums Remain Stable While The LME Rally Slows Spot Purchases
The European copper cathode market continued to move substantially sideways on Tuesday May 12, confirming a phase of fragile equilibrium, in which physical premiums remain supported but without a clear upward impulse. The caution of buyers still dominates the picture,...