Loading
HRC Steel, Spot Scarcity Supports Europe And The United States
Hot-rolled coil prices began September supported by limited immediate availability in both Europe and the United States, despite different demand conditions and signals still insufficient to indicate a generalized recovery in steel consumption. In Europe, the return...
Chrome, $286 Holds Between More Expensive Coke And Weak Stainless Steel
The chrome ore market maintained surprising stability at the beginning of September despite the rapid increase in coke costs and deteriorating demand in China’s stainless-steel supply chain. The index for South African UG2/MG concentrates, on a CIF China basis,...
Graphite Electrodes, GrafTech Cuts Capacity By 29% But The Surplus Remains Global
GrafTech International will close its graphite electrode plant in Monterrey, Mexico, as part of a reorganization intended to reduce production capacity and adapt it to a market still characterized by significant oversupply. Mexican production is expected to end early...
Asia Black Mass, The Cobalt Collapse Weighs More Than The US Ban
Payables for NCM black mass declined in the main Asian markets in the week to Wednesday September 2, penalized by weakness in cobalt sulfate, lithium instability and recyclers’ caution. The ban on black mass exports from the United States, which came into effect on...