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Hot-Rolled Coil Steel Between Europe And The United States: Tighter Rules In The EU And A Tense US Market
Prices for imported hot-rolled coil (HRC) steel in Europe increased further in the week to Wednesday January 14, amid increasingly selective supply conditions. The main driver was the January 1 rollout of the Carbon Border Adjustment Mechanism (CBAM), which has...
Trafigura And Saudi Exim Seal Landmark Deal To Finance Critical Metals
Trafigura announced on Wednesday January 14 that it had signed a “critical metals insurance policy” with the Saudi Export-Import Bank (Saudi EXIM) at the Future Minerals Forum 2026 in Riyadh. The policy is designed to support multi-year prepayment transactions with...
Uneven Copper Scrap Discounts In The US Amid High Comex Prices And Strong Export Competition
Persistently high Comex copper prices, combined with uneven demand across end-use sectors, kept US copper scrap discounts uneven in the week to Wednesday January 14. Market participants reported a widening of spreads, particularly for brass mill and refiner scrap...
Ferro-Molybdenum Prices Rise In Europe As Post-Holiday Demand Returns
Ferro-molybdenum prices in Europe increased on Thursday January 15, supported by a clear pickup in demand and stronger buying activity following the typical holiday slowdown. Market participants said there has been a noticeable shift in market dynamics, with more...