US Lead and Zinc Scrap Rises: Asian Exports Support Prices, but Market Remains Balanced
In the US lead scrap market, prices remained stable in the week ending Tuesday, October 28, despite recording a slight increase of about half a cent per pound compared to the previous week. Market sources told Commodity Evolution, who believe the trend is due to a...
US, The New Race for Rare Earth Magnets: Between Recycling, Industrial Security, and Competition with China
At the E-Scrap Conference in Grapevine, Texas, the spotlight was on a new strategic challenge for the United States: building a domestic supply chain for rare earth magnets, essential for electric vehicles, wind turbines, and advanced defense systems. The topic is not...
European Metals Market: Zinc Premiums Decline, Tin Stagnation Amid Weak Demand and Limited Inventories
The European primary zinc market weakened again in the week ending October 28, with premiums falling and spot trading virtually stagnant. According to data from Commodity Evolution, the premium for SHG min. 99.995% zinc FCA Rotterdam and Antwerp duty-paid fell 4% to...
Aluminum Market Tension: European and US Premiums Rise Sharply Amid Production Outages, Tariffs, and Supply Tightness
The European primary aluminum market has entered a period of severe tension, with premiums rising sharply over the past week. The main cause? The sudden production outage at the Icelandic smelter Nordural Grundartangi, operated by Century Aluminum, which reduced its...
Loading