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P1020A Aluminum Premiums in Asia: Overall Stability Amid Weak Demand and Hopes of Recovery in Japan
During the week ending Wednesday, October 29, 2025, P1020A aluminum premiums in Asia remained generally stable, in a market still characterized by weak demand and limited spot activity, but with slightly more constructive sentiment thanks to the international and...
Base Metals on the Shanghai Futures Exchange: Mixed Session Amid Negative Data and US-China Trade Truce
Base metal prices on the Shanghai Futures Exchange (SHFE) showed mixed and directionless trading on the morning of Friday, October 31, 2025, amid market sentiment marked by weak macroeconomic data and cautious sentiment related to the US-China trade truce. As of 10:30...
US Ferrous Scrap Market: Cautious Optimism Amid Hopes for US-China Agreement and Imbalances in Maritime Freight Rates
A climate of cautious optimism characterized the US ferrous scrap market in the week ending October 29, 2025, fueled by expectations for the summit between US President Donald Trump and Chinese President Xi Jinping. However, no new maritime cargo transactions were...
Long Steel in Europe: Prices Steady Amid Sluggish Demand and Year-End Strategies
The European long steel market remains stable, but tension is growing behind the scenes. In the week ending October 29, 2025, domestic prices for rebar and wire rod remained virtually unchanged across Europe, with limited demand continuing to hamper producers'...