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U.S. Aluminum Scrap and Secondary Alloy Market Stable Amid Excessive Uncertainty and Cautious Optimism
The U.S. aluminum scrap and secondary alloy market remained stable in the week ending Thursday, October 9, despite uncertainties related to ongoing trade negotiations between the United States and Canada. According to several market sources, the lack of clarity on...
Base Metals Decline on the Shanghai Futures Exchange: US-China Tensions and Higher Supply Weigh on Copper and Tin
Base metal prices on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline in the morning session on Monday, October 13, with copper and tin leading the losses. The decline reflects a combination of renewed geopolitical tensions between the United States...
Ferro-Molybdenum Prices Steady After Surge in Activity in China
After Wednesday's strong buying spree, the European ferro-molybdenum market regained some calm on Thursday, October 9, holding prices steady, according to Commodity Evolution. The valuation for ferro-molybdenum 65% Mo min, in-whs Rotterdam remained unchanged at...
Aluminum Scrap Prices Rise in Southeast Asia Despite Chinese Market Pause
Despite demand from the region's largest consumer, China, remaining sluggish during the holidays, import prices of aluminum scrap in Southeast Asia resisted bearish signals, rising in the week ending Tuesday, October 7, according to sources at Commodity Evolution....