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China NPI Prices Decline for Fourth Straight Week
China nickel pig iron (NPI) prices continued their downward trajectory for the fourth straight week through Friday, June 27, weighed down by persistent weakness in the downstream stainless steel market and lower raw material costs. According to market sources, the...
Peru Strike Adds to Tensions in European Zinc Market
A strike at one of Peru’s major zinc refineries threatens to exacerbate an already tense supply situation in Europe. Since Wednesday, unionized workers at Brazil’s Nexa Resources’ Cajamarquilla refinery in Lurigancho have been protesting after failed wage...
Scrap Market Tension: European Domestic Demand Slows, While High-Quality Material Prices Surpass Primary
The European primary and secondary foundry alloys industry slowed its purchases of aluminum scrap in June 2025, as a persistent supply squeeze pushed the prices of high-quality material even above those of primary aluminum. This anomalous situation is putting further...
6063 Aluminum Billet Premiums Rise in U.S. and Europe, But Down in Asia
6063 aluminum billet premiums delivered to the U.S. Midwest increased sharply in the month ending Friday, June 27, driven by a tight supply environment. A major contributor to this was the recent U.S. decision to impose a 50% tariff on all aluminum products from...