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Traxys, Pure Aluminum, and Consortium Metals Form Strategic Alliance to Capitalize on Aluminum Scrap in the U.S.
A new industrial hub for secondary aluminum production is emerging in the American Midwest, thanks to a strategic partnership announced Monday, May 12, between global metals trading giant Traxys, the new remelting facility Pure Aluminum, and secondary alloy marketing...
Zinc Premiums Rise in US, Southeast Asia, Europe and China Steady
Zinc premiums rose in the US, Malaysia and Singapore in the week ended Tuesday, May 13, according to market sources. In contrast, elsewhere in Asia and Europe, premiums remained mostly steady, despite lingering supply concerns. In the US, zinc premiums edged up...
Base Metals See a Red Day at LME as Prices Fall and Nickel Stockpiles Take Spotlight
LME non-ferrous metals traded lower on Thursday 15 May amid a strengthening US dollar and renewed nickel inventory tensions. Three-month contract prices for most metals were lower from their close on Wednesday evening. As of 15:20 pm CET, here is the latest: Copper:...
Prices Fall, Uncertainty Amid Spot Market in Europe for Hot Rolled Steel (HRC)
The European hot rolled steel (HRC) market continues to show signs of weakness, with prices gradually declining and real demand still lacking. The combination of diverging expectations among buyers and sellers and the absence of significant volumes has kept...