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Metals Uncertainty: SHFE Prices Drop Further
In early morning trading on Tuesday, November 18, the base metals market on the Shanghai Futures Exchange (SHFE) revealed a decidedly weak picture. All major contracts turned negative, confirming the caution that has been pervading the entire industrial metals market...
Rising Prices for LFP and Battery Scrap: Boosted by Lithium Carbonate Rally
China's battery and recycled materials market experienced a very dynamic week in the session ending November 13, with significant increases in the prices of LFP black mass and battery scrap. According to sources collected by Commodity Evolution, the main driver of...
European Heavy Plate Prices: Stability on the Surface, Upward Pressures Coming
The European heavy plate market closed the week ending November 13th with substantial stability, at least in terms of official prices. Beneath the surface, however, operators are already dealing with two factors that will shift the balance of power in the coming...
Stability Recovered in the Italian Scrap Metal Market
After the timid bullish signs that had animated the beginning of November, the Italian scrap metal market appears to have regained solid and widespread stability, with regular trading and a general climate described by operators as "calm." According to a steel...