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NPI Prices Decline for Third Straight Week
China's nickel pig iron (NPI) price fell again in the week ending Friday, June 20, marking the third consecutive decline and hitting its lowest level since March 28, 2024. The decline was mainly driven by the poor performance of the stainless steel sector and a...
US Aluminum Scrap Market: Broad-Based Stability, But Early Downside Pressure
The US aluminum scrap market has continued to be stable, particularly in secondary smelters and secondary aluminum alloys. However, some scrap categories began to see slight downward pressure in the week ending Thursday, June 19, aided by recent declines in premiums...
DRC-Rwanda Peace Deal: Between Good Intentions and Market Skepticism
A US-brokered peace deal is scheduled to be signed on June 27 between the Democratic Republic of the Congo (DRC) and Rwanda. However, market participants in tantalum and tin, two critical commodities for electronics and technology, have serious doubts about the deal’s...
Tension in the Middle East: Energy Markets and Global Trade Hold Their Breaths
The world of international trade and energy was gripped by intense apprehension at the start of the week due to US strikes on Iranian nuclear sites. Oil market participants, global trade stakeholders and logistics companies feared a possible retaliation from Tehran....