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Global Ferrous Scrap Market: Divergences Between Turkey and Mexico
The Turkish ferrous scrap market continues to operate in an extremely cautious climate. Steel producers, impacted by weak domestic and foreign demand for long products and continuing high production costs, have limited seaborne purchases for November shipments. In the...
P1020 Aluminum Premiums: Global Trends Across Europe, the United States, and Brazil
In Europe, premiums for primary P1020 aluminum continued to rise in the week ending September 30. According to Commodity Evolution, the duty-paid premium in Rotterdam warehouses rose to $245-270/t, compared to $235-260/t the previous week. Transactions recorded...
Tin Premiums Stable Between Asia and Europe
In Southeast Asia, particularly Singapore, premiums for locally sourced tin cargoes remained unchanged in the fortnight ending Tuesday, September 30. According to market sources, the premium for 99.9% tin ingots, fob Singapore, was estimated at $200-$400/t, stable...
U.S. Lead and Zinc Scrap Market Stable at the End of September
The U.S. lead scrap market remained stable in the week ending Tuesday, September 30, with suppliers and smelters finding a balance between supply and demand. "Everything related to lead is moving sideways," commented an industry source, noting that exporters are...