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HRC Steel Prices in Europe Remain Stable: Suppliers Aim for Rise, but Demand Remains Weak
Hot-rolled coil (HRC) steel prices in Europe are maintaining some stability, with some suppliers targeting new increases. However, buyers are beginning to question the sustainability of this upward trend, considering weak demand and weaker-than-expected adjustments to...
The Coming into Effect of Global Tariffs on Aluminum and Steel
On Wednesday, March 12, the global tariffs imposed by Donald Trump's administration on aluminum and steel officially went into effect. The measure affects nearly all U.S. trading partners with a 25 percent tax on aluminum exports to the U.S. market. However, China is...
Yangshan’s Policy Load Premium – China Reaches Maximum Since 2024
The Yangshan - China Policy Load Premium soared today, March 13, reaching its highest level since 2024. This increase was fueled by an increase in buying interest and low availability in the spot market. According to the latest survey, the Yangshan - China Cargo...
Skyrocketing Rhodium Price: Causes and Consequences
Rhodium prices reached their highest levels in 20 months, driven by strong buying interest from Anglo American Platinum (Amplats), sustained demand, and reduced production in the first quarter in South Africa. Amplats' buying activity caught some consumers by surprise...