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European Long Steel Stable, But Rising Costs And Weak Demand Increase Uncertainty
European long steel prices remained largely stable in the week ending Wednesday September 2, but behind the apparent lack of movement in prices, the market continues to show a fragile structure. Demand remains weak, buyers are maintaining a wait-and-see approach and...
European Ferro-Titanium Rises: Spot Market Tightens Ahead Of The Fourth Quarter
The European ferro-titanium market is showing signs of strengthening, with the latest spot transactions concluded above the previous assessment range. Two truckloads of standard ferro-titanium lumps were sold at $6.35 per kg Ti DDP Europe, confirming growing...
ADC12, Futures Rise But Automotive Weakness Holds Back Japan And China
The rise in aluminium prices on futures markets failed to revive physical demand for secondary ADC12 alloy in Asia. In the week ending Wednesday September 2, spot prices remained broadly subdued in both the Japanese import market and the Chinese domestic market, held...
Rare Earths, $100 Million Investment In Missouri To Recycle Strategic Magnets
The United States is taking another step toward building a domestic rare earth supply chain. IonicRE, through its subsidiary Ionic Rare Earths USA, and US Strategic Metals will build a magnet recycling facility near Fredericktown, Missouri, with an initial planned...