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Pig Iron: Ukrainian Plant Outages Support Brazil, But The US Market Remains Cautious
Prices for Brazilian pig iron destined for the United States recorded a modest increase following attacks that interrupted operations at two major Ukrainian producers. The risk of reduced international availability strengthened sellers’ expectations, but inventories...
US Steel: Production Increasing And Plant Utilization Back At 80%
The US steel industry consolidated its production recovery in the week ended Saturday, August 22, recording the second consecutive increase in crude steel production and bringing the plant utilization rate back to 80%, a level that had not been reached since the...
Nickel: Chinese NPI Imports At Their Lowest Since 2024 Amid Typhoons, Indonesian Inspections, And Weak Stainless Steel Demand
Chinese imports of nickel pig iron and ferro-nickel fell in July to their lowest level since August 2024, weighed down by weaker stainless steel production, delays in Indonesian shipments, and stricter inspections of export cargoes. The slowdown temporarily tightened...
SHFE: Copper And Zinc Hold Firm, Tin Leads The Declines
Base metals listed on the Shanghai Futures Exchange recorded a predominantly negative morning on Tuesday, August 25, with only copper and zinc in positive territory. Tin led the declines, weighed down by weak seasonal demand and cautious buyer behavior, while a...