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Chrome Ore Falls In China While Port Stocks Return To Elevated Levels
The chrome ore market showed signs of weakening in the week to Tuesday May 12, with prices of South African UG2/MG concentrates falling after the reduction of offers by sellers and growing resistance from Chinese buyers. The movement reflects a less liquid, more...
European Tin Premiums Remain Stable, But The LME Rally Cools Purchases
European tin premiums remained stable in the two weeks to Tuesday May 12, confirming a physical market still little dynamic and conditioned by stagnant demand. The stability of premiums does not signal particular commercial strength, but rather a prudent equilibrium...
Imported Scrap In Turkey Rises Again, But Steel Mills Remain Squeezed By Margins
The Turkish imported scrap market has recorded a new upward movement in recent days, confirming an increasingly complex dynamic for local steel mills. On the one hand, limited availability of cargoes and still high logistics costs continue to support quotations for...
Vietnam Wants To Become A Secondary Metals Hub, But The Market Remains Skeptical
Vietnam aims to transform itself into a new regional center for the processing of secondary metals, but the country’s ambition clashes with a wall of prudence from the private sector. The theme emerged strongly during the third edition of the China Metal Recycling...