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MJP Premiums Decline in Negotiations for the Fourth Quarter of 2025: Amid Weakness in the Auto Sector and Trade Uncertainty
Negotiations for aluminum supplies to major Japanese ports (MJP) in the fourth quarter of 2025 have officially begun, with producers submitting initial offers ranging between $98 and $103/t, according to market participants told Commodity Evolution. These values are...
Bearish Scrap Sentiment Impacts US Pig Iron Market
The US pig iron market was pessimistic in the week ending Tuesday, September 2nd, primarily due to bearish expectations for prime scrap. According to several market sources, pig iron producers fear a possible price decline if primary scrap were to fall by around...
Base Metal Prices Divergent at SHFE: Aluminum Leads Gains
Base metal prices listed on the Shanghai Futures Exchange (SHFE) showed divergent trends in the morning session on Friday, September 5, with aluminum emerging as the day's best performer. At 10:30 a.m. Shanghai time, the most traded contracts (October) were as follows...
Southeast Asian Market Sluggish: The Weak Side of Imports
The Southeast Asian aluminum scrap market continued to show signs of weakness in the week ending Tuesday, September 2. Importers moved with extreme caution, held back by the usual seasonal pause and a global environment that did not favor aggressive buying. In...