Base Metals Rise In Shanghai: Nickel Leads The Rally Amid Supply Tensions
Wednesday February 11 opened with a show of strength for the base metals complex traded on the Shanghai Futures Exchange (SHFE). Prices recorded a broad-based upward move, with nickel standing out as the clear leader of the session, sharply outperforming the rest of...
Steel In China Heads Toward The Holiday Pause: Stable Prices, Thin Trading And A Market On Hold
As the Lunar New Year holidays approach, the Chinese steel market is gradually entering a defensive mode. Trading activity is thinning out, market participation is declining and caution has become the key word across the entire value chain. On Tuesday February 10,...
US Steel Production Maintains Momentum At The Start Of 2026
Domestic raw steel production in the United States confirmed a positive trend in the week ended February 7, 2026, reaching 1,783,000 net tons, with a capacity utilization rate of 77.1%. The data, released by the American Iron and Steel Institute (AISI), indicate solid...
European Steel In A Phase Of Consolidation: Supported Prices, Cautious Demand And Regulatory Pressures
In the first week of February, the European market for hot-rolled coils (HRC) showed overall stability, with prices holding firm but trading activity remaining limited. The picture remains consistent with what was observed at the end of January: the strengthening of...
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