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Asian Aluminium Strengthens Between Warrant Cancellations And Supply Fears
The Asian aluminium market experienced a week characterized by markedly bullish sentiment to Thursday May 14, supported by a combination of rising prices, warrant cancellations in Asian warehouses and persistent fears over global supply. In a context already made...
Italian Steel Rebar Remains At Elevated Levels, But Demand Continues To Restrain The Market
The Italian market for reinforcing bar remains suspended between elevated prices and weak demand. After the increases recorded between April and the beginning of May, quotations remain at levels decidedly higher than a few weeks ago, but the physical market continues...
Turkish Deep-Sea Scrap Falls Again, With Steel Mills Slowing Purchases
The Turkish deep-sea scrap market recorded a new retreat in the latest transactions, confirming the change in tone observed after suppliers’ attempts to support prices in previous weeks. Downward pressure came above all from Turkish steel mills, which are limiting raw...
Zinc Premiums Remain Still In Asia, While The Market Waits For A Possible Export Window From China
Zinc premiums in Shanghai remained stable in the week to Tuesday May 12, in a market slowed by the pause for the Chinese Labor Day holiday, observed from May 1 to May 5, and by still unfavorable arbitrage conditions. Most operators remained away from the market during...