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Base Metals Ease On The SHFE: Nickel Leads Losses While Tin Rebounds
The morning session on Tuesday January 20 saw most base metals traded on the Shanghai Futures Exchange (SHFE) move lower, amid increasing caution among market participants. Nickel led the losses, while tin moved in the opposite direction, supported by strength in...
The Cobalt Market Enters A New Phase Of Tightness Amid Congo Restrictions And The Search For Alternatives
After a period of oversupply in early 2025, the global cobalt market is rapidly shifting toward a structural deficit, with shortages expected as early as 2026. This transformation has been driven primarily by export restrictions imposed by the Democratic Republic of...
US Aluminium Scrap Market Continues To Rise Amid Aggressive Export Demand And High Primary Prices
In the week to Thursday January 15, US aluminium scrap prices continued to move higher, across both smelter-grade and mill-grade material, supported by intense competition from export buyers and elevated primary aluminium prices. Market participants said that strong...
Global Steel Scrap Market Moves At Two Speeds: Turkey Drives Demand While Asia Stays Cautious
Global Overview: Strong Turkish Demand, Asian Prudence In the week ending Friday January 16, the global steel scrap market showed mixed movements, with Turkey leading demand through aggressive winter restocking, while Asian markets remained cautious, despite often...