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Pig iron: war in Ukraine will transform global trade for years to come
The Russian invasion of Ukraine has caused shocks to most commodity markets around the world. With Ukraine and Russia accounting for about 60 percent of the world's merchant pig iron exports, the war has completely changed the game for global pig iron trade. The war...
Stainless steel: Chinese imports fell by 48.74% in January-May
China imported 141,700 tonnes of stainless steel in May, up 16.09% month-on-month and down 38.35% year-on-year, while it exported 352,100 tonnes, down 6.43% month-on-month and 27.67% year-on-year. In May, China's net export tonnage was 210,400 tonnes, down 17.23%...
Aluminum: high volumes of Russian metal challenge the integrity of the LME
It is not news that the London Metal Exchange (LME) has seen a sharp increase in Russian aluminum stocks in its warehouses. However, the increase in Russian metal remains a major source of concern for the company. After all, it could potentially affect aluminum prices...
Copper: world stock market metal stocks fall to 15-year lows
There is a renewed rush for copper in London Metal Exchange (LME) warehouses. In the past three weeks, LME copper stocks have fallen from 100,100 to 77,050 tons, despite nearly 30,000 tons of arrivals. What arrives turns just as quickly into new output. The available...