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SHFE Metals Rise, Nickel Leads The Recovery With A Weaker Dollar
Base metals quoted on the Shanghai Futures Exchange recorded broad gains during morning trading on Friday July 3, with nickel standing out as the best performer of the complex. The move came in a favorable context for commodities, supported above all by the weakening...
Slovalco Restarts Slovak Aluminium, Europe Seeks Capacity After Energy-Driven Stops
Slovalco will bring back into production part of the primary aluminium capacity at the Žiar nad Hronom smelter, marking an important passage for the European light metal industry after years of closures, cuts and pressure on energy costs. The Slovak producer, jointly...
UK Secondary Aluminium Falls, But Scrap Scarcity Limits The Correction
The UK secondary aluminium market weakened in the past week, after the decline in aluminium prices on the London Metal Exchange began to feed through above all into purer scrap grades. The bearish move, however, did not extend with the same intensity to the whole...
Non-Ferrous Scrap Under Pressure, LME Collapse Weighs On Southeast Asia And Mexico
The global non-ferrous scrap market closed June with a weaker tone, marked by the sharp decline in aluminium on the London Metal Exchange and by still-cautious industrial demand. In Southeast Asia, the fall in LME futures widened bid-offer spreads and froze part of...