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SHFE Base Metals Higher, Lead Leads Gains On Wednesday Morning
Base metals listed on the Shanghai Futures Exchange opened the session of Wednesday June 17 with a mostly positive setup, in a market that continues to move between technical signs of recovery, macroeconomic caution and fundamentals that are still uneven among the...
HRC Steel, Europe And The United States Move At Two Speeds
The international market for hot-rolled coil continues to tell two very different stories. On one side Europe, still held back by regulatory uncertainty, energy costs and the approach of the summer break; on the other side the United States, where sustained demand and...
Turkish Scrap Falls Below 400 Dollars: The Market Searches For A New Balance
The Turkish imported scrap market closed the week ended June 12 with a new and decisive retreat, confirming the progressive weakening already emerged in the second half of May. The clearest signal came from the deep sea segment, where quotations fell below the...
European Secondary Aluminium Consolidates Amid Scrap Shortages And Lower LME Prices
The European secondary aluminium market consolidated within a narrower range in the week ended Friday June 12, with persistent scrap shortages and high replacement costs offsetting the sharp decline in London Metal Exchange aluminium prices. The dynamic confirms a...