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Base Metals Rise On The SHFE, Tin Leads The Rally
Base metal prices on the Shanghai Futures Exchange (SHFE) recorded a broad-based increase during morning trading on Friday January 23, with tin posting the strongest gain. The move reflects renewed short-term optimism, supported by both speculative dynamics and...
The US Wire Rod Market Between Rising Costs And An Increasingly Tight Supply
Domestic prices for industrial-quality (IQ) wire rod in the United States recorded an increase in January, mainly supported by higher scrap costs, while import prices remained unchanged. The context reflects a market that, despite the absence of a strong surge in...
Zinc Premiums Remain Flat Across China And Southeast Asia Amid High Prices And Unfavourable Arbitrage
Zinc premiums in the Shanghai import market and in Southeast Asia remained largely unchanged in the week to Tuesday January 20, as high zinc prices on the London Metal Exchange and unfavourable arbitrage conditions continued to inhibit physical trade, market...
The European Coil Market Between Rigid Prices And Limited Trading
The European coil market has entered the second half of January without a real acceleration in trading activity, but with an increasingly rigid pricing stance. After the gradual return from the holiday period, activity remains limited, weighed down by weak end-user...