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Freezing Temperatures And Storms Choke US Scrap Flows As Prices Rise To Attract Material
Steel scrap shredding operations in the United States continued to raise prices at the start of the week of January 26, in an effort to encourage feedstock to flow into yards, but extreme winter weather is hampering, and in some cases completely halting, inbound...
MHP Market Shows Gradual Weakness Amid Nickel Volatility And Soft Battery Demand
The mixed hydroxide precipitate (MHP) market has shown signs of gradual weakening in recent weeks, in a context characterized by limited liquidity, strong volatility in nickel futures prices, and unfavorable demand expectations along the battery supply chain....
Indian HRC Prices Rise Amid List Price Hikes And Still-Weak Demand
Indian domestic hot-rolled coil (HRC) prices recorded a further increase of around 1,000 rupees per tonne in the week ended January 23, supported not by an improvement in demand, but rather by another round of list price hikes announced by major steel mills in...
Water Supply Disruption Halts Mantoverde Operations, Adding Fresh Tensions To Copper Supply
Copper sulphide operations at the Mantoverde mine in Chile have been temporarily suspended after water supply to the site was interrupted, adding fresh uncertainty to the global copper supply outlook in a market already marked by significant strain. The company noted...