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Shanghai Metals, Tin Rebounds 1.49%: Opportunistic Buying But Demand Remains Weak
Tin is once again leading gains on the Shanghai Futures Exchange, but its recovery is not enough to change the cautious picture dominating China’s industrial metals market. On the morning of Friday, October 16, 2026, the most-traded November contract rose by 1.49% to...
US Copper Scrap Discounts Hold Steady As COMEX-LME Arbitrage Narrows And Demand Remains Weak
The US copper scrap market is going through a period of apparent stability, beneath which opposing pressures are building. In the week ended Wednesday October 14, discounts for major scrap grades did not change, despite weak industrial orders and rising transportation...
Refined Copper, Global Surplus Headed Toward 368,000 Tonnes In 2027: Production Outpaces Demand
The global refined copper market is preparing for a period of greater availability, at least according to the new forecasts by the International Copper Study Group (ICSG). After an expected surplus of 104,000 tonnes in 2026, the positive balance could reach 368,000...
Coils In Italy, Imports Become A Risk: CBAM, Exhausted Quotas And Financing Costs Push Buyers Toward European Steel
The Italian hot-rolled coil market is developing an increasingly clear divide between buyers who continue to purchase steel abroad and those who have decided to stop. What separates service centres is not just the quoted price of material, but the difficulty of...