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Spot Copper Market Between Shanghai and Southeast Asia: Sluggish Demand and Falling Premiums
The spot copper market in Shanghai and Southeast Asia remained quiet in the week ending Tuesday, September 9th. The main reason was the rise in copper prices on the London Metal Exchange (LME), which worsened the arbitrage window between the London exchange and the...
Stainless Steel in China: 430 Prices Rise, 304 Prices Steady
Chinese domestic prices of grade 430 stainless steel increased in the week ending Wednesday, September 10, supported by rising ferrochromium prices, a key raw material for production. According to Commodity Evolution, the spot price of ferrochromium 6-8% C, 50% Cr...
Nickel Premiums in Europe: Overall Stability, But Pressure on 4×4 Cathodes
In the week ending Tuesday, September 9, nickel premiums in Europe remained mostly stable, with the exception of 4x4 cathodes, which showed a slight downward correction. According to Commodity Evolution, the premium for 4x4 cathodes in storage in Rotterdam stood at...
Black Mass Market: Korean Demand Strong, Southeast Asia Weaker
Black mass prices destined for Asian markets remained stable in the week ending Wednesday, September 10, with payables slightly higher in the Southeast Asian import market. Competition for quality material—particularly nickel cobalt manganese (NCM) with low moisture...