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NCM Black Mass In Asia: South Korea Stronger, Southeast Asia Held Back By Lithium
The Asian NCM black mass market, recycled material containing nickel, cobalt, manganese and lithium, showed in the week to Wednesday May 27 a clear regional divergence. In South Korea, payable levels remained supported, thanks to steady demand from local...
Rio Tinto Bets On Low-Carbon: NZAS Toward The Restart Of The Fourth Potline In New Zealand
Rio Tinto is preparing to restart the fourth potline of the New Zealand Aluminium Smelter, also known as NZAS, after signing a non-binding letter of intent with energy provider Contact Energy. The agreement represents an important step for the future of the Tiwai...
US Copper Under Pressure: Stockpiling, Comex-LME Arbitrage And Section 232 Tariffs Reignite The Market
The copper market has returned to the center of international attention, squeezed between physical movements in London Metal Exchange warehouses, accumulation of material in the United States and new expectations on possible Section 232 tariffs. The combination of...
Asian Stainless Steel Under Pressure: Exports Falling, But China Holds Thanks To High Costs
The Asian stainless steel market showed two speeds in the week to Wednesday May 27. On one hand, prices in the seaborne market fell, penalized by weak demand, buyer caution and bearish expectations linked to upcoming revisions to European safeguards. On the other, the...