Shanghai Base Metals See Mixed Movement After Third Fed Rate Cut
The morning session on Thursday, December 11, on the Shanghai Futures Exchange (SHFE) opened with mixed results for base metals. Investors reacted to the US Federal Reserve's third interest rate cut for 2025, which markets viewed as a sign of financial easing but also...
The Return to the Red Sea Is Nearing, But Global Logistics Fears a New Wave of Overcapacity
Last week brought new signs—small but significant—that suggest a slow and gradual return of container traffic in the Red Sea. After months of tension, the Houthi rebels freed crew members held in Yemen since last July, following the attack on a commercial vessel. This...
European Hot Rolled Coil: Prices Decline Slightly as Market Enters Waiting Mode
The European hot rolled coil (HRC) market began the week of December 8th with a slight decline in domestic prices. A modest decline, but indicative of a sector where trading remains minimal and caution dominates every commercial decision. According to several sources...
P1020 Aluminum in Europe: Apparent Stability Amid Weak Demand, Geopolitical Uncertainty, and New Trade Flows
Primary P1020 aluminum premiums in Europe remained largely stable in the week ending Tuesday, December 9th, but the calm is more fragile than it appears. Market sources describe a sector experiencing a mix of caution, uncertainty, and conflicting signals regarding...
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