Sea Freight And Air Cargo Under Pressure: Hormuz Remains Closed And Peak Season Approaches
Tensions in the Middle East remain elevated and continue to condition the global transport market, in a phase in which international logistics is preparing to enter the peak season. The United States’ decision to postpone a possible attack against Iran to leave room...
Russian Steel, Export Prices Stable But With More Limited Availability On Hot-Rolled Coil
Russian steel export prices remained largely unchanged in the week ended Monday May 18, with a market characterized by scarce spot activity, but also by not particularly abundant availability on some categories of flat products. The most relevant movement concerned...
Sherritt Dissolves The Moa JV In Cuba: Concerns Grow Over Nickel And Cobalt
Canada’s Sherritt has dissolved the Moa Nickel-Cobalt joint venture in Cuba, a 50/50 partnership with Cuba’s General Nickel Company, opening a new phase of uncertainty for the nickel and cobalt market. The decision immediately fueled concerns among operators,...
El Niño Rekindles The Energy Risk For European Metals
A possible strengthening of the El Niño phenomenon is bringing the attention of European metals markets back to the most delicate theme of recent years: energy cost. The climate risk arrives at a time when European energy infrastructure is already under strong...
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