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Steel Coils Between Europe And The United States: Apparent Stability And Structural Pressures
The European hot-rolled coil (HRC) market is moving on a fragile balance, where price stability is not so much the reflection of lively demand as the result of regulatory factors and import restrictions. On Tuesday February 10, quotations remained largely stable in...
Nickel Spot Premiums Decline: Elevated LME Prices Weigh On Liquidity
The European refined nickel market is experiencing a phase of contraction in spot premiums, in a context characterized by extremely reduced liquidity. In the week ending Tuesday February 10, premiums for the different forms of refined nickel recorded a decline,...
Guinea Pushes Ahead With Bauxite: Output Rising Despite Price Retreat
Despite the recent price retreat, bauxite producers in Guinea appear determined to continue expanding supply. The ore, a key raw material for aluminium production, remains one of the pillars of the West African country’s economy. During the Mining Indaba in Cape Town,...
Base Metals Rise In Shanghai: Nickel Leads The Rally Amid Supply Tensions
Wednesday February 11 opened with a show of strength for the base metals complex traded on the Shanghai Futures Exchange (SHFE). Prices recorded a broad-based upward move, with nickel standing out as the clear leader of the session, sharply outperforming the rest of...