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UK Secondary Aluminium: Prices Supported By Scarce Scrap, Asian Export And Rising Costs
The UK secondary aluminium market remained supported on Wednesday May 20, with prices still firm at elevated levels because of the difficulty in securing scrap and the continued support of export demand toward Asia. Buyers remain cautious at current price levels, but...
US Ferrous Scrap Stalled: Weak Export, Turkey Quiet And Inland Sales More Convenient
The US ferrous scrap export market remained largely quiet in the week to Wednesday May 20, weighed down by scarce activity from Turkish buyers and by domestic conditions that are making it more interesting to sell material inside the United States rather than direct...
Europe Prepares Strategic Stocks Of Critical Minerals To Reduce Dependence On China
The European Union is taking one of the most concrete steps of recent years in building a true industrial policy on critical raw materials. Tungsten, rare earths and gallium have been included in the shortlist of materials candidates for the first coordinated European...
European Aluminium Still Under Tension: Premiums Supported By Metal Scarcity And Middle East Disruptions
The European aluminium market continues to be dominated by the supply theme. In the week to Tuesday May 19, discussions among operators focused almost exclusively on the physical availability of metal, on difficulties linked to supplies from the Middle East and on...