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Non-Ferrous Scrap In Mexico, Cans Decline While Aluminium Wheels Recover
The Mexican non-ferrous scrap market showed a strongly differentiated trend in the week ending Friday July 10. Weak demand continued to penalize some of the most widespread aluminium scrap categories, particularly used beverage cans, while higher-quality materials,...
Base Metals Mixed In Shanghai, Nickel Accelerates On Indonesian Uncertainty
Base metals listed on the Shanghai Futures Exchange showed mixed performance in morning trading on Thursday July 16, with nickel clearly leading the gains. The Chinese market continued to move between uneven macroeconomic signals, persistent pressure from the property...
Iron Ore Surges On Port Hedland Concerns, But The Physical Market Remains Cautious
Seaborne iron ore prices recorded a sharp increase on Tuesday July 14, reaching their highest levels since mid-June, after negotiations between BHP and worker representatives at the Port Hedland port operations ended without an agreement. The meeting, which lasted...
Copper In The United States, The Spot Premium Weakens In The Summer Calm
The United States spot copper market went through another week characterized by limited trading, weak demand and growing caution among operators. In the pricing session ending Tuesday July 14, subdued commercial activity resulted in a moderate decline in the premium...