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Stainless Steel Scrap Prices Decline in the United States: Weak Demand and Stagnant Activity
The US stainless steel scrap market closed the week ending October 21st with a renewed decline, driven by slowing demand, the approaching holiday season, and limited trading activity. According to Commodity Evolution, prices for 316 solids scrap—one of the most...
Silico-Manganese Prices Decline in China Amid Oversupply and Record Inventories
The Chinese silico-manganese market weakened again in the week ending Friday, October 17, under pressure from exceptionally high inventory levels and sluggish steel demand. According to Commodity Evolution, domestic prices fell by up to 200 yuan per ton compared to...
Zinc and Lead Highlighted on the Shanghai Futures Exchange Amid Rebounds and Supply Tensions
China's base metals market showed limited movement on the morning of Thursday, October 23, with an overall trend of stability. However, zinc and lead stood out with more marked gains, amid continued tight supply dynamics and mixed signals from the international...
Europe Between Recycling and Regulations: The Battle Over High-Quality Ferrous Scrap
The European ferrous scrap market is back in the spotlight, at the center of a heated debate between institutions, steel mills, and recyclers. According to the latest report from the European Commission's Joint Research Center (JRC), published in mid-October, there is...