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NCM Black Mass Falls In Asia Amid Weak Lithium, Lower Nickel And More Cautious Buying
Payables for NCM black mass, composed of nickel, cobalt and manganese, weakened in the main Asian recycling hubs in the week ended Wednesday June 24. Weighing on the market were above all the recent decline in lithium and nickel prices, together with an increasingly...
Aluminium Scrap In Southeast Asia Blocked By The LME Collapse
The aluminium scrap import market in Southeast Asia remained substantially blocked in the week to Tuesday June 23, caught between offers that were still firm, supported by material scarcity, and increasingly cautious demand after the sharp retreat of aluminium futures...
Global Ferrous Scrap Falls, Weak Finished Steel Demand Cools Buying
Global ferrous scrap prices showed a weaker tone in the week ended Friday June 26, penalized by sluggish finished steel demand in the main import markets. From Turkey to India, through Vietnam and Taiwan, steel mills maintained a cautious attitude, limiting purchases...
Aluminium Premiums, Europe Falls And Asia Waits For The MJP Settlement
The global aluminium premium market closed the week to June 26 with two different speeds, but with one common thread: caution. In Europe, extrusion billet premiums fell in Italy, Germany and Spain, penalized by easing supply concerns, the reopening of the Strait of...