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Black Sea Paralyzed: Steel Exports Seek An Alternative Route Through The Baltic
Seaborne trading in the Black Sea has almost completely dried up following the intensification of the war between Russia and Ukraine during the summer. Attacks on port infrastructure and merchant vessels have paralyzed some of the region’s main routes, preventing the...
European Aluminium Premiums Rise Amid Tight Supply And Trade Tensions
European primary aluminium premiums continued their upward movement in the week ending Tuesday September 8. Limited availability of metal for prompt delivery and uncertainty caused by the tariff dispute between the United States and Canada pushed the Rotterdam...
European Copper Cathodes: Premiums Stable Despite The LME’s All-Time High
Copper has reached a new all-time high on the London Metal Exchange, but enthusiasm remains absent from the European physical market. Copper cathode premiums were unchanged across all four assessments on Tuesday September 8, while consumers continued to limit spot...
UK Secondary Aluminium Caught Between Higher LME Prices And Still-Weak Demand
The UK secondary aluminium market is going through a phase characterized by mixed signals. The rise in aluminium on the London Metal Exchange has begun to support higher-purity grades, but the improvement in quotations has not yet translated into a generalized...