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Nickel Pig Iron Falls In China, But Spot Scarcity Slows The Decline
The Chinese nickel pig iron market ended the week to July 17 with a moderate decline, squeezed between increasingly weak steel demand and spot availability that, at least in the short term, remains limited. Stainless-steel production cuts, the rapid growth of...
Refined Selenium Falls In China With The Arrival Of The Summer Lull
China’s refined selenium market ended the week to July 17 with a further decline, penalized by the seasonal slowdown in demand and increasingly widespread weakness throughout the value chain. Lower activity among end users was compounded by falling crude selenium...
New US Tariffs Leave Scrap Protected, But Refined Copper Awaits Section 232
The United States’ new tariff offensive against certain Canadian goods has not changed, at least for the moment, the expectations of operators active in the North American copper scrap, ferrous scrap and refined copper markets. Following the trade proclamations...
Lead Falls In Shanghai Amid Record Stocks And Still-Weak Demand
The base metals market showed mixed performance during morning trading on Wednesday July 22 on the Shanghai Futures Exchange, with copper, aluminium, zinc and nickel posting moderate gains, while lead and tin lost ground. The most significant movement came from lead,...