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Europe, Low-Carbon Ferro-Chrome Divides Between Price Weakness And CBAM Costs
The European low-carbon ferro-chrome market recorded a sharp widening of its price range in the two weeks ended Tuesday July 28. The growing distance between the lowest and highest offers reflects deeply different assessments of the direction the market could take...
China, Calcined Needle Coke Accelerates Amid Raw-Material Shortages And GPC Tensions
Chinese calcined needle coke prices continued to rise in the week ended Wednesday July 29, supported mainly by the growing difficulty in securing the raw materials needed for production. Supply tensions are particularly affecting petroleum-based material, while some...
China, Stainless Steel Retreats In The Domestic Market While Exports Defend Margins
Chinese domestic stainless steel prices declined in the week ended Wednesday July 29, penalized by persistently weak demand and the correction in futures quoted on the Shanghai Futures Exchange. The seasonal slowdown in consumption continued to affect negotiations,...
NCM Black Mass Payables Stable In Asia Despite Weak Buying
Nickel-cobalt-manganese black mass payables remained broadly stable across the main Asian recycling markets during the week ended Wednesday July 29. Cautious buying, fueled by uncertainty over lithium prices, was not sufficient to weaken the market because material...