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Turkey, Firm Scrap And Falling Steel Prices: The Market Approaches November Amid High Costs And Weak Demand
The Turkish steel market approaches November with an increasingly clear contradiction: steel mills need to rebuild scrap stocks, but sell rebar and wire rod at progressively weaker prices. The second half of October brought buyers back to the deep-sea market after...
NCM Black Mass Under Pressure in Asia: Korea Cuts Purchases and Southeast Asia Loses Support
The Asian NCM black mass market is facing a new phase of decline, in which weak lithium and cobalt prices are compounded by abundant available material and refiners’ caution. In the week ending Wednesday October 28, 2026, the payment percentages recognized to...
Asarel-Medet, Bulgaria confirms 172,000 tonnes of concentrate: a strategic source for European copper
Keeping production unchanged can become a competitive advantage when raw material is scarce. This is the perspective from which to read Asarel-Medet’s program: the Bulgarian company reported producing 172,000 tonnes of copper concentrate in 2025 and expects a similar...
Copper Towards $13,000 In 2027: World Bank Forecasts High Prices, But Metals Markets Remain Divided
The World Bank forecasts an average copper price of $13,000 per tonne in 2027, just 1.5% below the $13,200 estimated for 2026. The October update, published on October 28, 2026, indicates that electrification, electricity grids and data centres will continue to...