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US Aluminum Scrap Market: Broad-Based Stability, But Early Downside Pressure
The US aluminum scrap market has continued to be stable, particularly in secondary smelters and secondary aluminum alloys. However, some scrap categories began to see slight downward pressure in the week ending Thursday, June 19, aided by recent declines in premiums...
DRC-Rwanda Peace Deal: Between Good Intentions and Market Skepticism
A US-brokered peace deal is scheduled to be signed on June 27 between the Democratic Republic of the Congo (DRC) and Rwanda. However, market participants in tantalum and tin, two critical commodities for electronics and technology, have serious doubts about the deal’s...
Tension in the Middle East: Energy Markets and Global Trade Hold Their Breaths
The world of international trade and energy was gripped by intense apprehension at the start of the week due to US strikes on Iranian nuclear sites. Oil market participants, global trade stakeholders and logistics companies feared a possible retaliation from Tehran....
Volatility On Shfe: Lead Dominates Among Base Metals
Base metal prices on the Shanghai Futures Exchange (SHFE) showed mixed results in the morning session on Wednesday, June 25. Lead was the standout performer, with the largest increase among the major metals traded. As of 10:30 a.m. (Shanghai time) on Wednesday, the...