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Asian Stainless Steel: Weak Demand Nullifies Production Cuts
Stainless steel prices in the main Asian markets extended their downward phase for the third consecutive week through Wednesday September 9. The reduction in production, observed or suggested in several areas of the region, was not sufficient to rebalance the market...
European Nickel: High LME Stocks Cap Premiums, But Logistics Set A Floor
European nickel premiums remained largely unchanged on Tuesday September 8, with the exception of uncut cathodes held in Rotterdam warehouses, whose assessment widened downward. High inventories available in the London Metal Exchange system and the market’s contango...
Base Metals Warrants: Premiums Stable But Asian Stocks Decline
Base metals warrant premiums remained largely stable in the assessment on Wednesday September 9, despite generally weak demand. Behind the apparent lack of movement in quotations, however, the geographical distribution of inventories continued to change significantly....
China’s Battery Recycling Market: Black Mass Declines Ahead Of The Holidays
China’s battery recycling market weakened in the week ending Thursday September 10. Both payables for NCM black mass and prices for LFP black mass declined, while refiners and recyclers adopted an increasingly cautious approach to spot purchasing. The approaching...