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Non-Ferrous Scrap Under Pressure, LME Collapse Weighs On Southeast Asia And Mexico
The global non-ferrous scrap market closed June with a weaker tone, marked by the sharp decline in aluminium on the London Metal Exchange and by still-cautious industrial demand. In Southeast Asia, the fall in LME futures widened bid-offer spreads and froze part of...
Asian Stainless Steel Under Pressure, Indonesia And Europe Push Sentiment Lower
Bearish sentiment in Asia’s stainless steel market intensified in the week ended Wednesday July 1, driven by two factors weighing on the chain at the same time: expectations of a possible increase in nickel ore supply from Indonesia and the reduction of import quotas...
NPI In China Stable, Tight Spot Supply But Stainless Demand Still Weak
Nickel pig iron prices in China remained stable in the week ended Friday June 26, supported by expectations of tighter spot availability, despite buying interest still weak from stainless-steel mills. The market is moving in a delicate balance: limited supply prevents...
US Metals Premiums, Aluminium Corrects From Highs But Tariffs And Tight Supply Remain Decisive
The US physical non-ferrous metals market enters July with divergent signals. The Midwest primary aluminium premium continued to decline after the historic highs reached at the beginning of June, while copper and zinc remained broadly stable, in a context of slow spot...