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Mixed SHFE Metals: Aluminium Leads The Recovery Amid Falling Stocks And Hormuz Tensions
Non-ferrous metals listed on the Shanghai Futures Exchange showed a mixed performance during morning trading on Tuesday July 14, with aluminium recording the strongest increase across the complex. The August 2026 aluminium contract rose by 1.50% to 23,290 yuan per...
Italian Steel Scrap Falls Again: Slower Steel Mills Push Prices Down By €25-30
The Italian steel scrap market confirmed the downward trend that began in the second half of June during the latest seven-day period, continuing a correction that has now lasted for around three weeks and mainly reflects the sharp weakening of demand from steel mills....
Japan’s Aluminium Premium Reaches $395: Low Stocks Push The MJP To Its Highest Level Since 2015
The quarterly premium applied to aluminium delivered to Japan’s main ports was settled at $395 per tonne over the London Metal Exchange cash price for the third quarter of 2026, marking the third consecutive increase and reaching its highest level in more than a...
European Secondary Aluminium Falls Again As Weak Automotive Demand Outweighs The LME Rally
European secondary aluminium alloy prices recorded another decline in the week ending Friday July 10, penalized by weak automotive demand, cautious buyers and order coverage that, for many consumers, now extends until the end of the summer. The strengthening of...