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SHFE Metals Recover, But Nickel Remains Weak Due To Elevated Stocks And Abundant Supply
Base metals listed on the Shanghai Futures Exchange showed a mostly positive trend in the morning of Thursday May 21, with almost the entire complex rising compared with the previous day’s close. In a context of greater willingness to recover after the pressure of...
SA Recycling Enters Louisiana: New Strategic Expansion In US Scrap
SA Recycling, one of the main US operators in metal recycling, completed the acquisition of two scrap operations in Louisiana, marking its first operating entry into the state. The transaction represents a significant step in the group’s growth strategy, because it...
Chinese Lithium Returns Under Pressure: Carbonate Down And GFEX Futures Volatile Again
The Chinese lithium carbonate market closed the week to Tuesday May 19 lower, weighed down by a new phase of volatility on the Guangzhou Futures Exchange futures and by more prudent sentiment in the spot market. After a slight recovery of futures contracts on Monday,...
Sea Freight And Air Cargo Under Pressure: Hormuz Remains Closed And Peak Season Approaches
Tensions in the Middle East remain elevated and continue to condition the global transport market, in a phase in which international logistics is preparing to enter the peak season. The United States’ decision to postpone a possible attack against Iran to leave room...