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Internal Stainless Steel Prices In China Rising: Copper Has Nothing To Do With It, But Nickel Does
In the week ended Wednesday, April 16, stainless steel prices in the Chinese domestic market rose sharply, driven by a significant increase in quotations for nickel, a key raw material in stainless steel production. The upward movement was triggered by the Indonesian...
Mixed Trend In Global Physical Premiums Of Refined Copper: U.S. Down, Europe Up, Asia Stable
In the week ended Tuesday, April 15, global physical premiums for refined copper (grade A copper) showed mixed trends: declines in the U.S. market, significant rises in Europe, and substantial stability in the Asian market. Traders in the sector are watching closely...
LME Festive Closure for Easter Celebrations
Notice is hereby given that the London Metal Exchange (LME) will be closed from today, Friday, April 18, until Monday, April 21 for the Easter holiday. Trading in industrial metals will resume as normal on Tuesday, April 22, 2025. No official prices will be published...
Uncertainty Widespread Along the Supply Chain And Stability Expected During the Easter Holidays
The European hot rolled coil (HRC) market continues to navigate a climate of deep uncertainty, with stagnant demand and fragmented trading activity along the entire supply chain. According to multiple traders' reports, sentiment among buyers remains weak, and a phase...