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Japan Aluminium: MJP Held Back By Weak Demand And Rising Negotiations
The Japanese aluminium market appears in a state of relative standstill as negotiations for the Main Japanese Port (MJP) premium for the second quarter of 2026 have officially begun. According to Commodity Evolution, a producer has put forward an initial offer of $220...
US Stainless Scrap: Prices Rise Amid Snow, Nickel And Renewed Demand
The US stainless steel scrap market recorded firmer prices in the week ending February 24, supported by rising nickel prices and stronger demand from processors. Severe winter conditions on the East Coast — with up to 24 inches of snow — continued to restrict scrap...
European Copper Premiums: Market Awaits Rebound But Pressure Persists
The European copper premium market is cautiously optimistic following the end of the Lunar New Year period, hoping for increased trading activity as Asian participants return. However, the anticipated pick-up in trading has yet to materialize, leaving the market in a...
Chinese Stainless Steel Rises: Nickel Drives Prices While Demand Remains Weak
Stainless steel prices in China increased in the week ending Wednesday February 25, in both domestic and export markets. The main driver of the rise was higher nickel prices, combined with a stronger Chinese yuan, which directly affected export costs. The most-traded...