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Shfe Metal Prices Up in Morning Session on June 26
Base metal prices traded on the Shanghai Futures Exchange (SHFE) showed a general upward movement on Thursday morning, June 26, with nickel leading the trend with the sharpest increase. As of 10:30 a.m. Shanghai time, the most traded contracts on the SHFE were at the...
Primary Aluminum Premiums in Major Global Markets Weekly
Primary P1020A aluminum premiums were flat to slightly lower in major global markets for the week ended Tuesday, June 24, amid weak demand, speculative pressures and evolving geopolitical dynamics. In the United States, the Midwest primary aluminum premium declined...
NPI Prices Decline for Third Straight Week
China's nickel pig iron (NPI) price fell again in the week ending Friday, June 20, marking the third consecutive decline and hitting its lowest level since March 28, 2024. The decline was mainly driven by the poor performance of the stainless steel sector and a...
US Aluminum Scrap Market: Broad-Based Stability, But Early Downside Pressure
The US aluminum scrap market has continued to be stable, particularly in secondary smelters and secondary aluminum alloys. However, some scrap categories began to see slight downward pressure in the week ending Thursday, June 19, aided by recent declines in premiums...