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Nickel Premiums Steady in China and Europe Despite Weak Demand
During the week ending Tuesday, July 15, nickel premiums in Europe remained unchanged, reflecting a market dominated by weak demand and abundant material availability in major storage hubs. Commodity Evolution estimated the premium for uncut cathode nickel in bonded...
Widespread Price Increases in Base Metals on the SHFE: Tin Leads the Gain
During the morning trading session of Friday, July 18, most base metals listed on the Shanghai Futures Exchange (SHFE) recorded price increases, with the sole exception of lead. Among all base metals, tin posted the strongest performance in percentage terms,...
Steel Rebar: Signs of a Rebound After a Long Decline
After months of continuous decline, the Italian steel rebar market is showing the first signs of a rebound, albeit still timid and limited. In recent weeks, base prices have partially recovered, in response to strategic initiatives adopted by some producers. At the...
Aluminum Inventories Hit Record Lows in Rotterdam Despite Weak Demand
Aluminum inventories in warehouses in Rotterdam, the Netherlands, reached a new record low in June, reaching approximately 500,000 tonnes. This is surprisingly low, especially considering that demand in the region remains sluggish. This was reported by market sources...