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Resilient Demand in South Korea Supports NCM Black Mass Prices
Steady consumer demand in South Korea continues to support purchase prices for nickel, cobalt, manganese (NCM) black mass. In the past week, market sources confirmed that South Korean buyers maintained high activity in the spot market, helping to support payables —...
Global Primary Aluminum Premiums: Markets Divided by Geopolitical Pressures, Low Inventories and Uncertain Demand
During the week ending Tuesday, July 1, the U.S. primary aluminum premium showed a slight increase, but remained at overall stable levels. In particular, the premium for aluminum P1020A, delivered duty paid (ddp) Midwest U.S., was valued at $1,269/mt, up one from the...
Stainless Steel Flats and Electrical Sheets: Weak Demand and Prices Under Pressure in Europe
In June and early July, the European market for stainless steel flats continued to show signs of weakness, reflecting a less dynamic final demand context. Industry operators described a situation in which steel mills received a limited order load, due to a structural...
Global Conflicts, Falling Demand, and Tariffs: The Steel Sector Rethinks Its Strategies
Ongoing geopolitical conflicts – including an ongoing war – are intertwined with growing market instability, falling steel demand in several regions of the world, and rising protective tariffs on exporting countries. This explosive mix is forcing some...