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Shanghai Bonded Zone Metal Inventories: Mixed August
Shanghai copper, zinc, and aluminum inventories increased in August, while nickel inventories declined again, according to data collected by Commodity Evolution. Dynamics varied depending on the metal, influenced by arbitrage, seasonal demand, and liquidity...
Rising Demand for NCM Materials in China: Nickel and Cobalt Prices Rise
Demand for nickel-cobalt-manganese (NCM) materials from Chinese cathode and precursor producers pushed up the prices of key raw materials, particularly nickel and cobalt, in early September. This was reported by several market sources contacted by Commodity Evolution...
Global Steel Market Between European Weakness and Indian Dynamism
The global steel industry continues to show divergent trends between its two major regions: Europe and India. On the one hand, the European market remains burdened by low consumption and macroeconomic uncertainty; on the other, the Indian sector is showing growing...
Italian Steel Market Between Partial Recovery and New Uncertainties
During the two-month period from July to August, the Italian steel market saw a partial recovery in purchase prices, which rekindled interest among operators, albeit to a limited extent. However, the sector has encountered great difficulty passing on the increases in...