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Asian Stainless Steel Under Pressure, Indonesia And Europe Push Sentiment Lower
Bearish sentiment in Asia’s stainless steel market intensified in the week ended Wednesday July 1, driven by two factors weighing on the chain at the same time: expectations of a possible increase in nickel ore supply from Indonesia and the reduction of import quotas...
NPI In China Stable, Tight Spot Supply But Stainless Demand Still Weak
Nickel pig iron prices in China remained stable in the week ended Friday June 26, supported by expectations of tighter spot availability, despite buying interest still weak from stainless-steel mills. The market is moving in a delicate balance: limited supply prevents...
US Metals Premiums, Aluminium Corrects From Highs But Tariffs And Tight Supply Remain Decisive
The US physical non-ferrous metals market enters July with divergent signals. The Midwest primary aluminium premium continued to decline after the historic highs reached at the beginning of June, while copper and zinc remained broadly stable, in a context of slow spot...
Global Freight Rates Under Pressure, Hormuz Remains A Risk But The Real Driver Is The Early Container Peak
Negotiations between the United States and Iran toward a final peace deal continue in a still unstable climate, sometimes even under the pressure of new attacks. Tehran, meanwhile, is intensifying its moves to establish itself as the sole reference authority over the...