European Steel Coils Hold Firm Between Inventories And New Duties
European steel coil prices maintained a resilient direction in the week ended in mid-August despite the summer break and abundant import inventories at ports. Domestic CRC and HDG consolidated the increases of around €20 per tonne accumulated in previous weeks, while...
US Aluminium Scrap Stable As Limited Supply Supports Alloys
The US aluminium scrap and secondary alloys market went through the week ended August 13 without major price changes, but stability concealed very different conditions along the supply chain. In smelter-grade scrap, weak export demand continued to exert pressure; in...
Copper Concentrates, Implied Trader TCs Fall Below -$240
The Asia-Pacific copper concentrates market went through another week of severe tightness, with the implied traders’ purchase index falling to -$242.88 per tonne on Friday August 14. The value lost another $2.90 from -$239.98 the previous week, moving beyond the...
European Secondary Aluminium, DIN226/A380 Softens In The Summer Vacuum
The European secondary aluminium ingot market ended the mid-August week with a slight weakening, but the decline does not describe a uniform deterioration in fundamentals. The DIN226/A380 assessment widened downward after a 936-tonne sale concluded by a producer, a...
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