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Italian Scrap, The Price Decline Slows: The Market Prepares For The Summer Break
The Italian steel scrap market appears to have moved beyond the most intense phase of the recent downward correction. Demand remains weak, trading is reduced to a minimum and summer shutdowns are progressively slowing down the activity of steel mills. However, after...
Base Metals Fall In Shanghai, With Tin Leading The Losses
Most base metals traded on the Shanghai Futures Exchange opened in negative territory on Tuesday July 28, affected by a more cautious macroeconomic environment and the strength of the United States dollar ahead of the Federal Reserve’s interest-rate decision. Within...
Steel Scrap, Turkey Reignites The Global Market But Asia Remains Weak
International steel scrap trading suddenly regained momentum in the week ending Friday July 24, thanks to the strong return of Turkish steelmakers to the deep-sea cargo market. After a prolonged phase characterized by sporadic purchasing and inconclusive negotiations,...
Aluminium Billet Premiums Lose Momentum In Europe With The Arrival Of The Summer Slowdown
The European 6063 aluminium billet market is entering the weakest phase of the summer season, with reduced demand, limited spot purchasing and consumers increasingly inclined to postpone procurement decisions. In the week ending Friday July 24, premiums narrowed in...