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European Refined Nickel Premiums: Apparent Stability, But Briquette Weakens
During the week ended Tuesday January 27, European spot premiums for refined nickel remained largely stable overall, although the market showed selective signs of weakness, particularly in the briquette segment, where deals concluded at lower levels led to a downward...
US Stainless Scrap Market: Prices Firm Amid Deep Freeze, Strong Nickel And Restricted Flows
US stainless steel scrap prices showed week-on-week firming in the pricing session on Tuesday January 27, supported by extreme winter weather, temporary closures of numerous scrap yards, and a nickel market that remained elevated, according to Commodity Evolution....
Base Metals On The SHFE: Tin Leads The Price Rebound
Base metal prices on the Shanghai Futures Exchange (SHFE) showed a mostly upward trend during morning trading on Thursday January 29, with tin clearly standing out, posting the strongest gain across the complex. The move reflects a combination of financial and...
Steel In China: Market On Pause Ahead Of The Lunar New Year
The Chinese steel market moved into a phase of broad stagnation on Wednesday January 28, with spot prices for hot-rolled coil (HRC) largely stable and rebar prices falling, in a context dominated by weak demand, pressured futures and reduced activity ahead of the...