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Turkey, Seaborne Scrap Imports Still Stagnant: Steel Mills Focus on Domestic Market
Turkish seaborne ferrous scrap imports started the week quietly, driven by weak finished product sales in the country. According to a report by Commodity Evolution on Monday, September 22, major steel producers showed little activity on deep-sea markets after their...
China, Strategic Metal Exports Remain Volatile: Germanium and Bismuth Increase, Gallium and Indium Decline
Chinese exports of germanium and bismuth increased in August, after several months of low volumes, while gallium and indium decreased, though remaining at relatively high levels. This is according to the latest statistics released by the Chinese Customs Administration...
Cobalt Market Tensed: Congo Extends Export Ban
Western cobalt traders reacted cautiously to the news that the Democratic Republic of Congo (DRC) will extend its export ban on the mineral until October 15, with the subsequent introduction of a quota system. The announcement, made on Sunday by the Regulatory...
Chinese NPI Market Stable Amid Limited Trading and Weak Demand
The Chinese nickel pig iron (NPI) market remained stable in the week ending Friday, September 19, amid thin spot liquidity. Sellers continued to maintain high offers, while stainless steel producers showed little interest in buying, according to Commodity Evolution....