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Base Metals In Shanghai: Tin Rallies While The Rest Of The Complex Retreats
Morning trading on February 27 at the Shanghai Futures Exchange opened on a generally negative tone for base metals. Most of the most-traded contracts posted losses, with tin and copper the only positive exceptions amid a strengthening US dollar. At 10:30am Shanghai...
Italy: Rebar Declines, Wire Rod Tightens And Merchant Bars Move Higher
The Italian rebar market continues to lose ground, with prices down by about €10 per tonne week on week. Operators report that €290/t ex-works has become standard, with some transactions even heard at €280/t, highlighting clear market pressure. Sentiment remains weak:...
Ternium Between Brazil And Argentina: Trade Defense, Price Pressure And Strategic Integration
In the fourth quarter, steel shipments in Brazil reached 965,000 tonnes, slightly down from 994,000 tonnes in the previous quarter but broadly stable year on year. For the full year 2025, shipments totaled 3.94 million tonnes, virtually unchanged from 2024. However,...
UK Secondary Aluminium: Tight Supply Supports Prices As Exports Gain Ground
The UK secondary aluminium ingot and scrap market showed resilient price levels in the week ending February 25, despite fragile downstream demand and limited trading activity. According to Commodity Evolution, liquidity remains subdued, with processors prioritizing...