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Cobalt Market Amid Downward Pressure and Supply Paradoxes
Despite limited availability of cobalt intermediates, the Chinese market continued to trade in fragile territory in the week ending April 15. Weak downstream demand, which outweighed supply tensions, maintained a cautious tone among operators. The result was a...
Asian Markets Under Pressure Amid Geopolitical Uncertainty
The morning trading session on Friday, April 17, on the Shanghai Futures Exchange highlighted an overall weak picture for base metals, with most contracts declining. Only zinc and nickel showed positive momentum, while the rest of the complex suffered from growing...
Blockade Of The Strait Of Hormuz Puts Pressure On Chinese Steel Exports
The blockade of the Strait of Hormuz, in the Persian Gulf, is undermining one of the main emerging markets that in recent years had helped absorb China’s overcapacity in finished steel. The situation represents a new source of tension for a sector already struggling...
Secondary Aluminium UK: Prices Rise Driven By Scrap Tightness
The UK secondary aluminium market is experiencing a price increase driven not by demand, but by supply-side pressure. In the week ending April 15, ingot prices rose significantly, supported by tightening scrap availability and stronger international demand. The key...