Loading
Steel: German market expects significant drop in stocks and production
German steel producers, traders and buyers have been almost consistently bullish on prices in April, with the unanimous expectation that production and inventory levels may decline. The inventory sentiment index stood at 18.75, suggesting that market participants...
Zinc: falling stocks push zinc prices to four-week highs
Zinc prices rose to their highest in four weeks as a rapid decline in the amount of metal available in the London Metal Exchange's warehouse system added to fears of supply shortages. In the morning, zinc was trading around $4,336/mt (9:24 a.m. CET). The metal used to...
Coal: US prices exceed $100 tonne for the first time since 2008
Coal prices in the US have surpassed $100 a tonne for the first time in 13 years, as Russia's war in Ukraine disrupts international energy markets and an economic rebound from the pandemic drives up demand for fossil fuels. Central Appalachia coal prices rose 9% to...
Steel: an unprecedented increase also for the Egyptian market
Three of Egypt’s largest steel producers have announced that they have raised prices by up to 17%, or around LE 3,000 per tonne (EUR 150/mt), in what would appear to be the largest steel price increase in Egypt’s history. Ezz Steel, Egyptian Steel and Suez...