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Refined Nickel In Europe, Premiums Stable But The LME Decline Rekindles Buying
European premiums for refined nickel remained stable on Tuesday June 30, in a session characterized, however, by an increase in trading activity, favored by the sharp decline in nickel prices on the London Metal Exchange. After months of elevated levels that had...
SHFE Metals Mixed, Tin Leads Gains Between AI, Semiconductors And Ore Tightness
Base metals on the Shanghai Futures Exchange showed a mixed performance on the morning of Thursday July 2, with tin clearly ahead of the rest of the complex. The Chinese market moved between specific fundamental supports, more favorable macroeconomic signals and...
Century Aluminum And Brimstone Aim For A US Aluminium Supply Chain From Mine To Metal
Century Aluminum has signed a memorandum of understanding with Brimstone to develop a fully domestic US aluminium supply chain, from mine to metal. The agreement provides for the startup to supply alumina from its future operations in the United States, with the aim...
Turkish Deep-Sea Scrap Stable, Mills Quiet Between Weak Rebar And Summer Slowdown
Turkish deep-sea imported scrap prices remained stable on Tuesday June 30, in a session with no new cargoes reported and with Turkish mills still cautious because of weak finished steel demand. The market is moving in a waiting phase: mills buy the minimum necessary,...