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Ferro-Molybdenum Prices Steady After Surge in Activity in China
After Wednesday's strong buying spree, the European ferro-molybdenum market regained some calm on Thursday, October 9, holding prices steady, according to Commodity Evolution. The valuation for ferro-molybdenum 65% Mo min, in-whs Rotterdam remained unchanged at...
Aluminum Scrap Prices Rise in Southeast Asia Despite Chinese Market Pause
Despite demand from the region's largest consumer, China, remaining sluggish during the holidays, import prices of aluminum scrap in Southeast Asia resisted bearish signals, rising in the week ending Tuesday, October 7, according to sources at Commodity Evolution....
Italy, Slab Market Remains Stagnant Amid Uncertainty and Expectations Over EU Measures
The Italian imported steel slab market remained stable in the week ending Thursday, October 9th, with virtually no trading and a widespread wait-and-see attitude among operators. "Yes, the market is very quiet right now," commented an international slab trader. "I...
Europe Freezes Heavy Plate Prices as Brussels Prepares Trade Crackdown
Heavy plate prices in Europe remained unchanged in the week ending Thursday, October 9, but the apparent calm masks growing tension in the steel sector. Market sources report that attention is now focused on the European Commission's proposal to drastically reduce...