Zinc, Italian Premiums Under Pressure: The LME Decline Revives Buying, Backwardation Encourages Sales
Buyers are returning to Europe’s zinc spot market, but increased activity is not supporting all physical premiums. In the assessment concluded Tuesday September 15, Italian ranges widened downward, while Rotterdam and Antwerp maintained unchanged levels. Two...
Asian Black Mass, Payables Stable But Buying Cautious: Strong Won And Falling Lithium Restrain Inventories
Nickel-cobalt-manganese black mass payables remain unchanged in Asia’s main seaborne markets, but stability conceals weak trading activity. In the week ended Wednesday September 16, refiners maintained a selective approach to purchases, limiting inventory building...
European Nickel, Cathode Premiums Stable: Briquettes Weaken At The Lower End
The European nickel market maintains broadly unchanged cathode premiums, while briquettes show weakness at the lower end of the range. The Tuesday September 15 assessment presents a differentiated picture, in which import costs, availability of individual metal forms...
British Secondary Aluminium, Strong Orders And Limited Capacity: Energy Surcharges Arrive
British secondary aluminium demand remains strong, with full order books and production capacity increasingly limited relative to domestic market requirements. In the week ended Wednesday September 16, the recovery after summer shutdowns exceeded some participants’...
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