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Turkish Steel Mills On Hold: Scrap Market Stalled By Weak Finished Steel Demand
Turkish steel mills have maintained an extremely cautious profile in the international scrap market, in a context characterized by weak finished steel sales during the winter season. Despite the absence of new purchases, scrap offers have remained substantially...
Ferro-Molybdenum Surges: Shortage In The US And Market In Confusion
On February 12 the ferro-molybdenum market recorded a significant surge, with prices sharply rising within a few hours. According to what was learned by Commodity Evolution, the main cause would be attributable to a shortage of material in the United States, a factor...
China: Spot Prices Of ADC12 Decline Ahead Of Lunar New Year
In the week ended Wednesday February 11, spot prices of aluminium alloy ingot ADC12 in the Chinese domestic market recorded a retreat, in a context characterized by progressively thinning liquidity and almost absent trading activity. According to what was learned by...
Stable LME Premiums But Weak Demand: The Base Metals Market Remains Under Pressure
In the two weeks ended Wednesday February 11, warrant premiums for base metals listed on the London Metal Exchange showed an overall stable picture. However, behind this apparent calm lies a physical market characterized by weak demand and high prices that are holding...