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Brazil Alarmed by New US Tariffs: Pressure Grows for Agreement Before August
The Brazilian government convened a meeting on Tuesday, July 15, with key representatives of the national industry to analyze the impact of the new US tariffs announced by Washington. Among those present at the meeting was the Brazilian Aluminum Association (ABAL),...
Nickel Premiums Steady in China and Europe Despite Weak Demand
During the week ending Tuesday, July 15, nickel premiums in Europe remained unchanged, reflecting a market dominated by weak demand and abundant material availability in major storage hubs. Commodity Evolution estimated the premium for uncut cathode nickel in bonded...
Widespread Price Increases in Base Metals on the SHFE: Tin Leads the Gain
During the morning trading session of Friday, July 18, most base metals listed on the Shanghai Futures Exchange (SHFE) recorded price increases, with the sole exception of lead. Among all base metals, tin posted the strongest performance in percentage terms,...
Steel Rebar: Signs of a Rebound After a Long Decline
After months of continuous decline, the Italian steel rebar market is showing the first signs of a rebound, albeit still timid and limited. In recent weeks, base prices have partially recovered, in response to strategic initiatives adopted by some producers. At the...