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HRC steel: EU producers aim for higher prices due to improved supply activities
European steel producers are aiming for an increase in domestic hot-rolled coil prices on Dec. 7, as they expect demand to improve in the first quarter due to improved replenishment activities. Although some major producers have not officially raised prices, they have...
Nickel: Altilium and NGM enter into joint project
Altilium and NGM have announced their new partnership with the aim of bringing their DNi process to market. Britain's Altilium aims to centralize the market with Western Australia's New Generation Minerals to launch a joint nickel processing plant in WA. The "DNi...
Zinc: rising break out of important resistance
The rebound initiated from the November lows has allowed zinc to return to the vicinity of important levels, such as the resistance in the $3,180/mt area that appears to have been pierced to the upside just yesterday (Dec. 7) and as reported in this article of ours...
Alumina: spot market activity in China increases due to arbitrage and winter stocks
Interest in spot trading in the Chinese alumina market has increased in the past two weeks due to recent winter storage activity, pandemic-related transportation restrictions, and air pollution warnings during the winter heating season. Chinese sources observed an...