US Copper Scrap, COMEX Decline Slows Buying: Tighter Discounts For Brass Ingot Makers
The decline in COMEX copper is prompting buyers to exercise caution and dividing the US scrap market. In the week ended Wednesday September 16, discounts on deliveries to brass mills and refiners remained unchanged, while those for brass ingot makers narrowed, partly...
European Steel, Costs Push Coil Prices Higher But Italy Declines
The European hot-rolled coil market is moving at different speeds: production costs are supporting prices in Northern Europe, Spain and Central Europe, while Italy is recording a decline despite supply tensions. End-user demand remains weak and trading subdued, making...
Alumina, Prices AStable Between Australia And China: Returning Gulf Supply Weighs On The Market
The alumina market remains largely at a standstill, but signs of supply pressure are building behind price stability. In the week ended September 17, prices in Australia and China showed limited changes, accompanied by subdued trading. The recovery in production in...
Secondary Aluminium, ADC12 Seeks Support Between Recovering Purchases And Still-Weak Demand
The Asian market for secondary aluminium alloy ADC12 is showing some signs of improvement, but the recovery in purchases remains below expectations for the traditional peak season. In the week ended Wednesday September 16, spot prices widened upward in Japan and...
Loading