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US Stainless Steel Scrap Prices: 400-Series Alloys Decline, 300-Series Stable, and Sluggish Demand
The US stainless steel scrap market showed mixed trends in the week ending Tuesday, October 14, with prices for 400-series scrap—particularly turnings—declining, while 300-grade and molybdenum alloys remained essentially unchanged. According to Commodity Evolution,...
Lead-Acid Battery Prices Rise Slightly in the United States, Other Lead and Zinc Scrap Remains Stable
The US lead scrap market saw a slight increase in prices for spent batteries in the week ending Tuesday, October 14, while other segments of the industry—including secondary lead scrap and remelted zinc—remained stable. According to Commodity Evolution, the movement...
Excessive Trade Tensions Between the United States and China: New Tariffs, Port Fees, and Limited Impact on Shipping, But Severe Pressure on Freight Rates
Hopes for an easing of tensions between the United States and China were dashed in October, when Beijing announced new port call fees for US ships, in response to trade measures introduced by Washington. The decision came despite signs of dialogue that emerged in...
Copper Declines at SHFE, But Fundamentals Remain Solid Amid Material Shortages and Record-Low Processing Costs
Base metal prices on the Shanghai Futures Exchange (SHFE) trended slightly lower during the morning session on Thursday, October 16, with copper experiencing the sharpest decline. Weakness, however, was limited to modest changes, a sign of a market searching for...