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Iron and steel scrap : exports to the US increased by 7.8% in February
According to the latest figures released by the US International Trade Commission, the country's exports of iron and steel scrap stood at 1,371,447 tonnes in February this year, up 7.8% month-on-month and 0.6% year-on-year. The value of exports was $611.3 million, up...
Copper: prices remain sideways, squeezed between supply and bearish economic outlook
Copper prices continued to swing sideways last month, creating uncertainty and risk. Meanwhile, traders and investors continue to closely monitor the market for any signs of a breakout in either direction. As prices move sideways, the copper market remains poised...
Steel: global long market outlook still unsatisfactory
The global long steel market continues to experience difficult times in terms of sales volumes and the overall balance between supply and demand. The decline in total steel production observed in 2022 continues this year. Consequently, with the regional generalisation...
Aluminium: identifying the Russian metal in US imports is a complex task
Industry and trade experts said that aluminium importers and US customs face a difficult task in making sure that a range of products from around the world do not contain Russian molten aluminium, for fear of incurring a new 200% tariff. While it is easy to identify...