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SHFE Base Metals Rise, But Lead Remains Under Pressure Amid Strong Dollar And Rising Stocks
Base metals listed on the Shanghai Futures Exchange opened the session of Friday June 12 with a predominantly positive tone. During morning trading, most of the main SHFE contracts recorded increases, confirming a return of interest in copper, aluminium, zinc, nickel...
Primary Aluminium Premiums: The US Midwest Remains At High Levels, While Europe Weakens And Brazil Shows Signs Of Tension
The global market for primary aluminium premiums continues to move unevenly, with different signals between the United States, Europe and Brazil. In the week ended Wednesday June 10, the US Midwest premium for P1020A aluminium recorded a slight decline, while...
Asian Stainless Steel Under Pressure: Freight Costs Slow Exports From China, Taiwan And Southeast Asia
The Asian stainless steel market went through a complex week, marked by a clear slowdown in export activity from East Asia and Southeast Asia. In the week ended Wednesday June 10, the main pressure factor did not come only from industrial demand or from the trend in...
Steel Between Europe And The United States: Stable Prices In Coated Coils, But The Global Market Remains Under Pressure
The international steel market is moving along two very different but closely connected directions. On one side, Europe shows a phase of apparent stability in domestic prices for cold-rolled coils and hot-dipped galvanized coils. On the other, the United States...