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Global Scrap Prices Rise As Turkey Returns To Buying And Reactivates Seaborne Flows
The global ferrous scrap market showed a general strengthening in the week ended Friday September 4. The main impetus came from Turkey, where steel mills returned to the international market to rebuild inventories, purchasing new deep-sea cargoes from the United...
Italian Scrap Market Opens September With Stable Prices And Cautious Buying
The Italian ferrous scrap market is opening September in a state of substantial balance. Steel mills have only recently restarted their plants after the summer break, but the resumption of production has not yet translated into an acceleration in purchases or...
China Accelerates Zinc Exports And Increases Pressure On Southeast Asia
The Chinese zinc market is undergoing a significant reversal in trade flows. While interest in imports remains extremely weak, the growing gap between London Metal Exchange prices and Shanghai Futures Exchange prices is making it more profitable to export refined...
European Low-Carbon Aluminium: P1020 Rises While Billet Weakens
The European low-carbon aluminium market is showing two increasingly divergent dynamics. The differential paid for low-carbon P1020A has increased due to concerns over the future availability of Canadian metal, while the differential applied to billet has widened...