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Nickel Premiums Steady Globally: Trading Activity Reduced in Mid-August
The European nickel market held premiums unchanged in the week ending Tuesday, August 19, thanks to the low trading activity typical of the summer period and good levels of availability in warehouses. According to Commodity Evolution, premiums remained at the...
Black Mass and Lithium Prices: Greater Optimism in Asia Following China’s Opening to Imports
The Asian black mass market saw stronger demand in the week ending Wednesday, August 20, particularly in South Korea and Southeast Asia, supported by renewed optimism about lithium prices and China's official opening to black mass imports earlier this month. In China,...
Base Metal Prices Decline at SHFE: Lead Leads Losses
Base metal prices listed on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline on the morning of Thursday, August 21, with lead posting the sharpest decline among all the most traded contracts. These prices as of 10:30 a.m. Shanghai time (prices...
US Galvalume Prices Decline for Fourth Month, But Signs of Stabilization Are Visible
Domestic prices for galvalume (hot-rolled steel coated with an alloy of aluminum (55%), zinc (43.5%), and silicon (1.5%)) in the United States fell again in August, marking the fourth consecutive monthly decline. According to Commodity Evolution, on Tuesday, August...