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Alumina, Indonesia Pushes Australian Prices Higher While China Regains Balance
The international alumina market is going through an increasingly divergent phase between the Pacific region and China. On one side, Western Australian FOB prices continue to remain at elevated levels, supported by lower inventories at refineries and by growing demand...
European Aluminium Slows Down, Duty-Paid Premiums Weaken Under Canadian Pressure
The summer slowdown has begun to make itself felt more intensely across the European aluminium market, where in the week ended Tuesday July 14 Rotterdam duty-paid premiums continued their weakening phase. The duty-unpaid segment was more stable, still supported by...
Mixed Base Metals In Shanghai, Lead Falls To Its Lowest Since 2024
Base metals showed a mixed performance on the Shanghai Futures Exchange on the morning of Wednesday July 15, with copper and zinc supported by moderate buying, while aluminium, nickel and especially lead came under downward pressure. The most significant movement...
Steel Scrap, UK July Prices Fall Under Export Pressure
The UK steel scrap market opened July with a new generalized price correction, mainly caused by weakening exports and the early arrival of the traditional seasonal summer slowdown. Negotiations for July deliveries were mainly concluded with reductions of £10 per tonne...