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US Scrap: Markets Stalled Amid Year-End, Global Caution, and Weak Demand
The US stainless steel scrap market spent the week ending Tuesday, December 9th, in a state of near-stationary stability, with prices barely moving a cent between categories. It's a classic year-end scenario: slowing demand, trading at a minimum, and operators...
CBAM, Europe Races Against Time: Brussels Revises Default Values Amid Errors, Industrial Pressure, and Regulatory Urgency
Just over twenty days before the final phase of the Carbon Border Adjustment Mechanism (CBAM)—the European Union's new climate tariff—enters into force, the Commission published a crucial update to the default values on November 30. These are the parameters that...
Tin on Hold: Premiums Firm in Europe and Asia as LME Rally Keeps Traders Away
In the global tin market, the second week of December ended as it began: with surprisingly stable premiums, both in Europe and Asia. This is a counterintuitive result, given that LME prices are experiencing one of the most speculative phases in recent months,...
Shanghai Base Metals See Mixed Movement After Third Fed Rate Cut
The morning session on Thursday, December 11, on the Shanghai Futures Exchange (SHFE) opened with mixed results for base metals. Investors reacted to the US Federal Reserve's third interest rate cut for 2025, which markets viewed as a sign of financial easing but also...