SHFE Metals Regain Momentum Amid Expectations of US Rate Cuts
The morning of Friday, November 28, at the Shanghai Futures Exchange (SHFE) began with a decidedly more constructive mood for most base metals. A wave of cautious optimism, fueled by growing expectations of US interest rate cuts, supported an overall positive start to...
European Nickel and Asian Tin: Two Silent Markets That Speak of a World in Transition
At a time when base metals are affected by global uncertainties, two geographically opposite markets—European nickel and Asian tin—display a surprising commonality: apparent stability. A calm that, however, is not synonymous with equilibrium. Behind static prices,...
UK Aluminum Scrap Between Stability and Fractures: A Two-Speed Market
The UK aluminum scrap market is experiencing an unusual phase: stable in numbers, but deeply divided in its internal dynamics. In the week ending Wednesday, November 26, prices remained largely unchanged, but operators are increasingly speaking openly of a fragmented...
Stainless Steel Market in Downturn: 304 Scrap Price Hits New All-Time Low
In the heart of the American stainless steel scrap industry, the week leading up to Thanksgiving brought another downward jolt. 304 scrap, the most popular grade and a symbol of stainless steel production, hit its lowest level ever. A new low confirms a consolidated...
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