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Scrap And Pig Iron: Tension Without Momentum In The Heart Of The European Market
The scrap market is going through a phase of strong structural tension, but without a real acceleration in quotations. Expectations of further increases, supported by part of the trade, clash with an industrial context that does not appear capable of absorbing...
Manganese Flake In Europe: Stable Prices Between Tenders And Waiting For Lunar New Year
The European market for electrolytic manganese flake showed surprising stability on February 13, despite intense activity on the spot market and the opening of several large tenders in Germany and the Netherlands. Commodity Evolution assessed manganese 99.7%...
Bauxite Declines And Alloys Stagnate: Two Markets, One Climate Of Weakness
The Guinean bauxite market showed signs of weakening on February 13, in a context characterized by oversupplied fundamentals and limited demand. Commodity Evolution’s weekly assessment for bauxite, fob Guinea, stood at 36-38 dollars per dry metric tonne (dmt), down by...
Europe On Pause: Scrap Between Lunar New Year And Ramadan
European markets for both ferrous and non-ferrous scrap are entering an unusually synchronized seasonal slowdown. The overlap between the Lunar New Year, which will begin on February 17, and the Islamic holy month of Ramadan, expected between February 18-19 and March...