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US Stainless Scrap Market: Prices Firm Amid Deep Freeze, Strong Nickel And Restricted Flows
US stainless steel scrap prices showed week-on-week firming in the pricing session on Tuesday January 27, supported by extreme winter weather, temporary closures of numerous scrap yards, and a nickel market that remained elevated, according to Commodity Evolution....
Base Metals On The SHFE: Tin Leads The Price Rebound
Base metal prices on the Shanghai Futures Exchange (SHFE) showed a mostly upward trend during morning trading on Thursday January 29, with tin clearly standing out, posting the strongest gain across the complex. The move reflects a combination of financial and...
Steel In China: Market On Pause Ahead Of The Lunar New Year
The Chinese steel market moved into a phase of broad stagnation on Wednesday January 28, with spot prices for hot-rolled coil (HRC) largely stable and rebar prices falling, in a context dominated by weak demand, pressured futures and reduced activity ahead of the...
Black Mass: Asian Markets Surge While Europe Lags Behind Amid Regulatory Constraints
Black mass payables in key Asian seaborne markets have recorded a sharp increase since the start of the year, supported by a combination of rising metals prices, a particularly bullish Chinese import market and key regulatory changes. However, European-origin material...