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Pig Iron, The Italian Market Starts Moving Again But Demand Remains Weak
After several weeks of substantial inactivity, some trades have reappeared in the Italian pig iron market. Prices remain close to $500 per tonne for the main origins, but interest from steel mills is still extremely limited. Between the possible recovery in US...
South Korea Prepares Crackdown On Copper Scrap And Critical Mineral Exports
Seoul aims to introduce mandatory declarations for exports of ferrous and non-ferrous scrap from 2027, in an attempt to counter illegal shipments, customs fraud and the outflow of strategic raw materials contained in electronic waste. At the same time, the government...
Copper Concentrates, TC/RCs Collapse To A Record Low
A sudden acceleration in buying during the final two days of the week pushed the copper concentrate treatment charge index to the sharpest weekly decline recorded since its introduction in 2013. Smelters and traders returned to competing for large volumes, while...
Italian Scrap Remains Under Pressure, But The Summer Restart Could Change The Market
The domestic market continues to move through a phase of pronounced weakness, characterized by reduced purchasing, ample material availability and further concessions from suppliers. The scarcity of transactions, however, makes it difficult to establish the actual...