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SHFE Base Metals Fall: Aluminium Leads Losses Amid Record Stocks And A Retreating Risk Premium
Base metals prices on the Shanghai Futures Exchange opened mostly lower on Tuesday June 16, confirming a more cautious market environment after the strong tensions seen in recent weeks. Aluminium led the downward move, posting the sharpest decline across the SHFE...
US Aluminium Scrap Loses Momentum, But Secondary Alloys Remain Supported By Scarcity
The US aluminium market is entering a more complex and selective phase. In the week ended Thursday June 11, aluminium scrap prices began to show signs of weakening, while the secondary alloy segment continued to benefit from still limited physical availability. The...
The Global Steel Scrap Market Weakens Amid Weak Demand And Price Pressure
The global steel scrap market closed the week ended Friday June 12 with a weaker tone, reflecting the slowdown in demand in the main import regions and a growing difficulty for sellers in defending previous price levels. After weeks of waiting and cautious...
The Aluminium Market Enters The Summer Between Stabilizing Premiums, Falling Scrap And Still Tight Secondary Alloys
The aluminium market is approaching the summer phase with increasingly divergent signals between Europe and the United States, between primary product, extrusion billets, scrap and secondary alloys. After weeks characterized by strong price support, supply tensions...