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US Plate Prices Steady: Weak Demand and Limited Spot Activity Keep the Market Stagnant
The US cut-to-length plate market remains stagnant. On Tuesday, October 7, prices remained stable, with weak demand and limited spot activity continuing to hamper any recovery in a nearly stagnant domestic market. According to Commodity Evolution, the price for carbon...
Zinc Premiums Decline in Europe: Weak Demand and German Sector Struggles Ahead of LME Week
The European zinc market continues to lose momentum. In the Tuesday, October 7, session, premiums on the 99.995% SHG metal fell another $10 per ton, with traders reporting persistently weak demand, particularly from Germany, the industrial heartland of the European...
US Ferrous Scrap Market Rises: New Deals with Turkey and Greece Signal Positive Trend
In the days leading up to Tuesday, October 7, two new US ferrous scrap transactions confirmed the recovery in US export prices, with buyers in Turkey and Greece willing to pay more to secure material. The deals, according to Commodity Evolution, consolidate a bullish...
Ferro-chrome Spotlighted at LME Week: Global Supply Chain Realigning
As LME Week approaches in London, traders are certain: the ferrochrome market is changing. The prolonged supply shortage from South Africa—the historic linchpin of charge chrome—has triggered a global repositioning of supplies, reshaping trade routes, prices, and...