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Zinc Premiums: Slight Rise in Italy, Stability in Asia and the US
During the August 19 pricing session, premiums for SHG zinc (99.995%) in Europe showed mixed dynamics. According to Commodity Evolution's weekly assessments, ex-works Rotterdam and ex-works Antwerp premiums remained unchanged at $250-280/ton, signaling a very quiet...
US-China Tariffs, Early Peak in Ocean Freight Rates and New Pressure on Global Markets
When the United States lowered its base tariff on Chinese imports from 145% to 30% for a period of 90 days in May, demand for transpacific shipping exploded. Companies witnessed a veritable rush by shippers, eager to get goods to the US before the August deadline. The...
Tin Premiums Steady in Europe and Asia During the Summer Break
The European tin market remained stable in the week of August 19, with premiums unchanged despite limited material availability. According to Commodity Evolution, the premium for 99.9% tin ingots in storage in Rotterdam stood at $750-$850/ton, identical to the level...
Posco Future M and CNGR Focus on LFP for the ESS Market
South Korea's POSCO Future M and Chinese cathode manufacturer CNGR have signed a memorandum of understanding (MoU) for the development of lithium iron phosphate (LFP) cathode materials for the energy storage system (ESS) market. The announcement, released on August...