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Chinese Magnesium: Costs Push Prices Higher But Weak Demand Caps The Increase
Chinese magnesium prices increased in the week ended Friday September 4, supported by higher raw material costs and producers’ growing determination to defend their margins. The movement was not accompanied by an equivalent recovery in demand: after a brief return of...
US Scrap Prices Remain Stable In September, But The Market Looks Toward A Winter Increase
The monthly ferrous scrap trade in the United States settled rapidly in September, with almost every grade holding at August levels. Ample material availability and maintenance outages scheduled by several steel mills neutralized bullish pressure, allowing buyers to...
Specialty Steel: Inventories And Weak Demand Curb Increases In Stainless And Electrical Steel
The Italian specialty flat steel market reopened after the summer break without a clear direction. In both stainless steel and electrical steel, high inventory levels and still-subdued final demand are preventing producers from fully passing higher energy and other...
Lithium In China: Futures Slump Drags The Spot Market Lower
The Chinese lithium market recorded a sharp correction in the week ended Friday September 4. Battery-grade lithium carbonate and hydroxide declined rapidly, tracking a slump in futures on the Guangzhou Futures Exchange, while participants expressed deeply divergent...