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European Tin, Elevated Premiums Amid Longer Routes And Record Financing Costs
The European tin market has changed profoundly over the past few months. Longer transit times, rising freight rates and the growing cost of financing metal during its journey to Europe have supported premiums since June, despite demand remaining weak and global...
Chinese Steel, Rebar Rises But Buyer Resistance Slows The Market
Chinese export prices for reinforcing bar recorded a slight increase in the week ended Tuesday, September 8, while wire rod prices remained unchanged. The strengthening of the domestic steel market and rising raw-material costs encouraged sellers to increase offers,...
EGA Brings DX+ Ultra Technology To India: NALCO Heads Toward 960,000-Tonne Capacity
Emirates Global Aluminium has signed an agreement with India’s state-owned National Aluminium Company to provide DX+ Ultra smelting technology for the expansion of NALCO’s smelter in Anugul, in the state of Odisha. The brownfield project involves the addition of...
Asia-Pacific Alumina Declines: Excess Supply Prevails Over Production Costs
Sentiment in the Asia-Pacific alumina market remained predominantly bearish in the week ended September 8, penalized by concerns about a growing supply surplus. Material availability appears abundant both in China and in international markets, while the reduction in...