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Secondary Aluminium In The United Kingdom: Supported Prices But More Cautious Demand
The UK secondary aluminium ingot market continues to show resilience, supported by a combination of factors including persistent difficulty in sourcing scrap and high replacement costs. However, beneath the surface, early signs of strain are emerging: buyers are...
Aluminium In Europe: A Market Caught Between Backwardation And High Costs
The European aluminium market is currently in a state of tension, caught between two opposing forces: on one side, persistent backwardation on the London Metal Exchange; on the other, rising replacement costs discouraging immediate metal sales. This combination is...
Steel In The United States: Rising Coils, Construction Demand Still Uncertain
The US steel market continues to move at two speeds: on one side, hot-rolled coil (HRC) prices continue to rise, supported by tight supply; on the other, the rebar segment shows demand that remains uncertain and inconsistent. This divergence reflects a transitional...
Refined Nickel In Europe: Rising Prices, Stable Premiums
The European refined nickel market is currently experiencing an apparent contradiction: while global prices are surging, physical premiums remain unchanged. This reflects weak demand that is unable to support further premium increases, despite tightening supply...