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Fluctuating Prices and Rising Inventories: South America Observes the Market
The South American hot- and cold-rolled steel market has experienced a week of erratic movements. After a period of relative stability, importers have begun to test the direction of prices, and many have taken advantage of the uncertainty to rebuild inventories in...
Base Metal Prices Slide in Shanghai: Tin Collapse Drags Market
The morning session on Friday, November 14, opened with weakness across the entire base metals complex listed on the Shanghai Futures Exchange (SHFE). Selling dominated from the start, and although the Chinese macroeconomic environment has shown some signs of...
Weak Demand and Declining Trade: Asia’s Copper Market Slows
The spot copper market in China and Southeast Asia experienced another week of slowdown, with reduced volumes and increasingly cautious sentiment. In Shanghai, as in the major markets of Southeast Asia, traders appear to have applied the brakes, hampered by stagnant...
A Market Changing Pace: Italian Rebar Returns to Rise
The Italian rebar market has regained momentum. After months of uncertainty, last week marked a new turning point, with at least one producer starting to offer prices as high as €330/t. This level had been missing for some time and better than any statement conveys...