Loading
US Steel Coil, Imports Become More Expensive But Remain Competitive Against The Domestic Market
US prices for imported hot-rolled and cold-rolled coil increased on Wednesday August 26, while the market tried to navigate reduced domestic availability, scheduled mill maintenance and growing trade tension between the United States and Canada. The increase did not...
Scrap, Turkey Keeps Prices Stable While Kardemir Revives Long-Steel Demand
The Turkish deep-sea scrap market went through a day without new transactions on Wednesday August 26, with indices remaining unchanged after purchases concluded in previous sessions. Turkish mills continued to buy European and Baltic material at substantially stable...
European Copper, Premiums Stable But Halved LME Stocks Prepare A Tighter September
European copper cathode premiums remained unchanged on Tuesday August 25, but beneath the apparent calm in the physical market, growing tension is developing. On-warrant stocks in London Metal Exchange warehouses in Rotterdam, Livorno and Hamburg almost halved in one...
NCM Black Mass, The US Ban Pushes Asian Payables Higher But Cobalt Weakness Restrains The Market
The Asian black mass market is entering a phase of profound reorganization. Payables for NCM material — containing nickel, cobalt and manganese — increased again in the week ended Wednesday August 26, while the incoming US export ban fueled concerns over future...