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Base Metals Decline at SHFE: Nickel Leads Selling
The morning session on Tuesday, December 16, at the Shanghai Futures Exchange (SHFE) opened with a sell-off across the entire base metals sector, with widespread declines affecting all major industrial commodities. Nickel led the movement, recording the sharpest...
Stainless Steel in China: Futures Rise, But Physical Market Remains Weakio Inox In Cina: Futures In Rialzo, Ma Il Mercato Fisico Resta Debole
Stainless steel prices in China increased in the week ending Wednesday, December 10, driven primarily by the positive performance of the futures market. However, beneath this financial momentum, the physical market continues to show signs of weakness, with subdued...
European Sheet Metal Prices Regain Momentum Amid CBAM and Pre-Christmas Uncertainty
The European sheet metal market showed renewed dynamism in the week ending Thursday, December 11, with rising prices in domestic markets and continued upward sentiment in production. Supporting producers' expectations is the imminent impact of the costs associated...
Aluminum Billet Premiums: Between Upward Pressure in Asia and a Cooling Brazilian Market
The global extruded aluminum billet market is undergoing a transition phase, characterized by diverging dynamics between Asia and Latin America. While Thailand is showing signs of strengthening premiums, supported by the rising price of primary ingots, Brazil is...