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Italian Scrap Market Enters A More Fragile Phase: First Downward Pressure On Prices
The Italian scrap market, which in the first weeks of June had shown a substantially balanced picture, is beginning to show the first signs of weakening. It is not yet a marked correction nor a sudden reversal, but the climate of stability that had accompanied the...
European Heavy Plate Under Pressure: Weak Demand, Sufficient Stocks And Falling Prices
The European heavy steel plate market recorded another weakening in the week ended Thursday June 11, penalized by weak demand, sufficient stocks and a wait-and-see climate that continues to slow purchasing decisions. Operators report a market with little dynamism, in...
ADC12 In Asia Under Pressure: Japan Corrects With LME And Weak Yen, China Remains Stable But Illiquid
The Asian secondary aluminium alloy ADC12 market showed a divergent dynamic in the week ended Wednesday June 10. In Japan, spot import prices fell sharply, following the strong retreat in London Metal Exchange aluminium futures and affected by worsening sentiment...
Copper Concentrates Under Record Tension: TCs Fall Below Minus 120 Dollars And Asian Smelters Seek Material For The Third Quarter
The global copper concentrates market is going through a phase of exceptional tension, with treatment charges increasingly negative and spot availability extremely limited. On Friday June 12, the TC implied in smelter purchases CIF Asia Pacific fell below the...