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Tin: weak consumer electronics sector impacts prices
London Metal Exchange (LME) tin inventories have grown steadily over the summer months and reached levels last seen in April 2020. The rebuild began in June in reaction to a brief tightening of LME time spreads, but it continued even after backwardation escalated to...
Non-ferrous metals: prices fall as the dollar strengthens
Prices of most non-ferrous metals fell on Thursday, weighed down by a strong dollar that makes dollar-priced metals more expensive for holders of other currencies, while copper and lead came under pressure from rising inventories. Three-month copper on the London...
HRC steel: Slow trading keeps prices firm in Europe
The European hot rolled coil (HRC) steel market remained quiet on Tuesday, 19 September, with prices largely unchanged due to a lack of trading. Buyers of hot rolled coils in Europe continued to hold back from making large purchases, booking mainly the bare minimum...
Pig iron: Turkish imports down 7.9% in January-July
According to data provided by the Turkish Statistical Institute (TurkStat), in the first seven months of the year, Turkey’s pig iron imports decreased by 7.9% year-on-year to 826,860 tonnes, while the value of these imports was $387.25m, down 32.7% year-on-year....
