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Chinese Slab Exports Decline, But Volumes Remain Historically High
Chinese steel slab exports continued to decline in August, moving further away from the record reached in June. The decrease reflects slower international purchasing during the summer lull and a progressive normalization of flows following the exceptional acceleration...
Aluminium Scrap, European Restrictions Raise Doubts About Effectiveness
A European Commission draft could restrict metal scrap exports to India, Malaysia, Thailand and other major destinations from 2027. The objective is to retain a greater quantity of material within the Union, support recycling and strengthen the availability of...
Copper Nears The Record As Chinese And London Stocks Fuel The Rally
Copper closed higher for a sixth consecutive session on Tuesday, recording its longest winning streak in four months. Chinese buying ahead of the holidays and the rapid decline in inventories in Shanghai and London returned the market close to its all-time highs. The...
European Aluminium Premiums Rise, But Asian Arrivals Limit The Outlook
European aluminium premiums increased in the week ending Tuesday September 22, supported by limited availability of metal for prompt delivery and early signs of stronger demand. Some traders also returned to the market to cover short positions ahead of the start of...