NPI In China Stable, Tight Spot Supply But Stainless Demand Still Weak
Nickel pig iron prices in China remained stable in the week ended Friday June 26, supported by expectations of tighter spot availability, despite buying interest still weak from stainless-steel mills. The market is moving in a delicate balance: limited supply prevents...
US Metals Premiums, Aluminium Corrects From Highs But Tariffs And Tight Supply Remain Decisive
The US physical non-ferrous metals market enters July with divergent signals. The Midwest primary aluminium premium continued to decline after the historic highs reached at the beginning of June, while copper and zinc remained broadly stable, in a context of slow spot...
Global Freight Rates Under Pressure, Hormuz Remains A Risk But The Real Driver Is The Early Container Peak
Negotiations between the United States and Iran toward a final peace deal continue in a still unstable climate, sometimes even under the pressure of new attacks. Tehran, meanwhile, is intensifying its moves to establish itself as the sole reference authority over the...
US Steel, Production Falls And Capacity Utilization Drops Below 80%
US raw steel production declined in the week ended Saturday June 27, while the capacity utilization rate fell below the 80% threshold for the first time in almost two months. The data, published by the American Iron and Steel Institute, or AISI, signals a slight...
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