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Cobalt In Europe Weakens, But Tensions Over DRC Hydroxide Remain At The Center Of The Market
Spot prices for cobalt metal in Europe weakened in the week ended Friday July 3, weighed down by recent trades at lower levels, the availability of inventories and demand-related concerns. The downward movement came despite some upstream fundamentals remaining...
Stainless Steel Ingots, Critical Market Between Stalled Demand And Geopolitical Uncertainty
The stainless steel ingot market continues to move in an extremely fragile context, marked by very weak demand, scarce liquidity and uncertainty that remains the main brake on purchasing decisions. The operators interviewed by siderweb described the picture without...
Copper Concentrates, TCs Increasingly Negative: The Market Moves Toward Index-Linked Pricing
The copper concentrates market recorded a new deterioration in the week ended Friday July 3, with the treatment charge index falling below the negative threshold of $160 per tonne. The movement confirms a phase of strong tension for smelters, while the availability of...
Base Metals Little Changed In Shanghai, But Zinc Leads The Gains
Base metals prices on the Shanghai Futures Exchange showed a mostly sideways trend during morning trading on Tuesday July 7, with limited movements across most of the most-traded contracts. In a market still waiting for clearer indications from US monetary policy and...