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Alumina Vessels Remain Waiting Off Hormuz Despite The Agreement Between The United States And Iran
Vessels carrying alumina cargoes to Gulf-based smelters remained stationary on Monday June 15, despite the announcement of an agreement between the United States and Iran, reached on Sunday June 14, to lift the blockade of the Strait of Hormuz. According to market...
Preliminary Agreement Between The United States And Iran: Energy, Petrochemicals And Supply Chains See A Possible Phase Of Easing
The United States and Iran have reportedly reached a preliminary peace framework aimed at ending more than three months of military confrontation. The agreement, developed through Pakistan’s mediation, is expected to be formally signed in Switzerland by the end of the...
Zinc Concentrate Tcs Fall Further Below Zero Amid Limited Supply And Strong Competition From Chinese Smelters
Competition among Chinese smelters to secure zinc concentrates has intensified further, in a spot market characterized by limited physical availability, tensions over overseas mine supply and treatment charges now firmly in negative territory. In the first half of...
The Chinese Nickel Pig Iron Market Remains Locked Between Weak Demand And Tighter Supply
The Chinese spot market for nickel pig iron, also known as NPI, continued to show reduced liquidity in the week ended Friday June 12. Market participants described a still fragile context, dominated by weak end-user demand, compressed margins in the stainless steel...