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European Coils Market Still Weak Despite Recovery Expectations
The European hot-rolled coil market continues to show signs of weakness, with no signs of recovery. Demand remains fragile and price dynamics are stagnant, both on the domestic and import fronts. This is according to several sources present at the EUROMETAL 75th...
Historic US-Vietnam Trade Deal Ahead of Truce Ends
US President Donald Trump announced on Wednesday, July 2, that he has reached a trade deal with Vietnam, less than a week before the 90-day trade truce expires on July 9. The deal marks a turning point in relations between the two countries, after months of tensions...
Copper Concentrate Treatment Charges Show Signs of Recovery
After 16 weeks of continuous decline, copper concentrate treatment charges (TCs) recorded a modest increase on Friday, July 4, raising questions about a possible turning point for the market. The Asia-Pacific cif TCs index settled at -$65.80 per tonne, up $0.70 from...
Spot Prices Rise for Aluminum Scrap in Southeast Asia
Spot prices for aluminum scrap imports in Southeast Asia edged higher in the week to Tuesday, July 1, supported by a rally in three-month aluminum futures on the London Metal Exchange (LME). This was reported by multiple market sources polled by Commodity Evolution....