Aluminium In Brazil, P1020A Premiums Widen Upward In São Paulo
Premiums for P1020A aluminium delivered in the São Paulo region widened upward in the two weeks ending Tuesday August 18. Demand remained stable in the first half of the month, but some transactions concluded for smaller volumes reached higher levels, pushing up the...
SHFE Metals Fall, Zinc Leads Losses Amid Weak Demand And Supply Constraints
All the main base metals opened lower on the Shanghai Futures Exchange on Wednesday August 19, with zinc at the bottom of the ranking and tin not far behind. Pressure is coming from weak Chinese economic indicators, particularly the property sector, but the zinc...
US Scrap, SA Recycling Sells Columbus And Redesigns Its Ohio Valley Presence
SA Recycling has sold its Columbus, Ohio facility to Columbus Metal Recycling, continuing the process of rationalizing the assets inherited through the acquisition of PSC Metals. The sale of the Joyce Avenue site is the third divestment of a former PSC facility within...
Hot-Rolled Coil Prices Rise, China And The United States Move On Different Tracks
Hot-rolled coil prices increased in both China and the United States, but behind the movement lie two profoundly different markets. In China, support comes mainly from the increase in coking coal and expectations of a metallurgical coke price rise, while end-user...
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