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Metals Markets Decline at SHFE: Doubts About US Rates Weigh on Prices
The week began with a cautious mood in China's non-ferrous metals markets. On Monday, November 17, during the morning session, prices of most metals listed on the Shanghai Futures Exchange (SHFE) declined, reflecting growing nervousness over the US Federal Reserve's...
Tenaris Strengthens Supply Chain: Acquires Beaver Falls Scrap Plant
Tenaris is taking a decisive step in strengthening its US supply chain: its subsidiary Steel Recycling Services has acquired the scrap processing plant in Beaver Falls, Pennsylvania, previously operated by SA Recycling. The 39-acre facility is strategically located,...
United Kingdom: Aluminum Scrap Market Sees Some Mild Stability
The UK secondary aluminum scrap market showed a very slight stabilization over the course of the week, according to domestic suppliers. After weeks of fluctuations and uncertainty, traders' sentiment appears to have calmed, aided by a slight cooling in the cash price...
A Market Under Pressure: Tungsten Returns to the Center of Geopolitics
As global markets question how tungsten supplies will be guaranteed in the coming years, there is a growing awareness that something has changed radically. Export restrictions imposed by China, the world's largest producer and processor, have put governments,...