25 January 2023 | Commodities, Commodities, Commodities, Commodities, Commodities, Market Forecasts - Industrial Metals, Market Forecasts - Industrial Metals
The tin rollercoaster ride heads into the new year, promising more thrills and chills after a tumultuous performance in 2022. Three-month tin at the LME reached an all-time high of $51,000 per tonne in March before collapsing to $17,350 in October, when it was below...
25 January 2023 | Uncategorized
In November 2022, Turkey’s total welded steel pipe exports amounted to 162,439 tonnes, up 47.2% month-on-month and down 9.0% year-on-year, according to data provided by the Turkish Statistical Institute (TUIK). In value terms, the same exports totalled $156.65m,...
25 January 2023 | Uncategorized
According to an article in the Financial Times, the UK government is considering imposing an emissions tax on steel imports by setting up a mechanism to regulate carbon emissions at the border, similar to the one adopted by the EU last year. There had previously been...
25 January 2023 | Market Forecasts - Industrial Metals
After 146 years and more, the LME is still the benchmark for nickel prices. However, volumes have plummeted since the LME nickel debacle in March 2022. In fact, the problems no longer affect only nickel, but the entire spectrum of non-ferrous metals. The suspension of...
25 January 2023 | Featured, Featured, Featured, Featured, Featured, Featured
Copper prices are settling near recent highs recorded on 18 January. At the moment (09:05 GMT+1) copper prices stand at $9,328/mt, down slightly by 0.07% from the previous day’s close. However, prices remain supported by prospects for improving demand in China,...
24 January 2023 | Commodities
After some buying activity in the wake of price increases, the north-western European HRC coils market has apparently entered a waiting period, with a slowdown in transaction activity. Observers' opinions differ. ArcelorMittal's announcement in January of a base price...
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