Loading
US Stainless Scrap: Prices Rise Amid Snow, Nickel And Renewed Demand
The US stainless steel scrap market recorded firmer prices in the week ending February 24, supported by rising nickel prices and stronger demand from processors. Severe winter conditions on the East Coast — with up to 24 inches of snow — continued to restrict scrap...
European Copper Premiums: Market Awaits Rebound But Pressure Persists
The European copper premium market is cautiously optimistic following the end of the Lunar New Year period, hoping for increased trading activity as Asian participants return. However, the anticipated pick-up in trading has yet to materialize, leaving the market in a...
Chinese Stainless Steel Rises: Nickel Drives Prices While Demand Remains Weak
Stainless steel prices in China increased in the week ending Wednesday February 25, in both domestic and export markets. The main driver of the rise was higher nickel prices, combined with a stronger Chinese yuan, which directly affected export costs. The most-traded...
Base Metals In Shanghai: Nickel Leads Declines While Supply Remains Under Watch
Most base metals listed on the Shanghai Futures Exchange (SHFE) declined during morning trading on Thursday February 26, with nickel recording the sharpest drop. At 10:30am Shanghai time, compared with the 3pm close on Wednesday February 25, the most-traded contracts...