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The Asian Ferrous Scrap Market Slows Between High Prices, Weak Demand And Currency Uncertainty
The Asian ferrous scrap market went through the first week of May in a climate of apparent stability, but behind the calm in prices lies a much more fragile and complex context. Between regional holidays, weak downstream demand, currency pressures and elevated offers...
LME Premiums Stable Despite The Price Surge: The Physical Metals Market Remains Cautious
The London Metal Exchange warrant premium market continues to send a signal of apparent calm, despite the strong volatility currently characterizing futures prices for numerous industrial metals. In the two weeks ending Wednesday May 6, the physical premiums...
The Italian Rebar Market Regains Momentum: 460 Euros Return To The Center Of The Market
The Italian steel rebar market opened the first full week of May with a new change of pace. The 440 euros per tonne ex-works, which had dominated the final part of April, are rapidly disappearing from the market, leaving room for a new benchmark level set at 460 €/t...
US Pig Iron Imports Collapse Amid Logistics Delays And Material Shortages
The US pig iron market experienced a sharp slowdown in March, with imports falling heavily because of logistics delays, maritime transportation problems, and operational difficulties affecting the main supply routes into the United States. According to the latest data...