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ADC12 Aluminum Prices Rise in China, But Demand Remains Weak
Spot prices for ADC12 aluminum alloy ingots in the Chinese domestic market rose in the week ending Wednesday, July 23, driven by rising aluminum futures prices traded on the Shanghai Futures Exchange (SHFE). However, the physical market showed mixed signals, with...
US Stainless Steel: Framework Agreement With Indonesia Raises Hopes for Nickel
The US steel industry enthusiastically welcomed the announcement on Tuesday, July 22, of a framework trade agreement between the United States and Indonesia, the world's largest nickel producer. The agreement could pave the way for a gradual lifting of Indonesia's ban...
Aluminum Scrap Prices Rise in Southeast Asia, But Volume Remains Limited
Spot prices for imported aluminum scrap in Southeast Asia rose in the week ending Tuesday, July 22, supported by rising aluminum futures on the London Metal Exchange (LME). However, overall trading remained subdued, hampered by local government crackdowns on illegal...
European Tin Premiums Stable Amid Summer Break
On Tuesday, July 22, the European tin market maintained substantial stability in premiums, amid the usual summer slowdown and extremely limited spot availability. According to Commodity Evolution, the premium for 99.9% tin bars in-whs Rotterdam was estimated between...