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US Base Metal Premiums Stable Or Rising, Between Tariff Uncertainty, A Short Week And Illiquid Markets
The US physical base metals market went through a shortened and illiquid week in the pricing session ended Tuesday July 7, with operators still conditioned by the Independence Day holiday of July 4 and, above all, by persistent uncertainty over possible US tariff...
Global HRC Coils In Balance, Between EU Quotas, US Scarcity And Pressure On Indian Exports
The European domestic hot-rolled coil market remained largely still on Tuesday July 7, with operators still engaged in assessing the impact of the new import quotas announced by the European Union. In the absence of significant trades, both sellers and buyers remained...
US Ferrous Scrap Exports Recover In May, Driven By The Return Of Turkish Buying
US ferrous scrap exports recorded a strong recovery in May 2026, supported above all by the return of purchases by Turkish steel mills, concentrated in the final week of March and then carried into April. This rebound brought US export volumes to the highest monthly...
Copper Scrap In China Paralyzed, With The Market Waiting For US Decisions On Tariffs
China’s copper scrap import market remained substantially paralyzed in the week ended Monday July 6, held back by the lack of clarity after the June 30 deadline, by which the US Commerce Department was expected to provide policy recommendations on refined copper...