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Nickel Pig Iron Prices In China Under Pressure Between Weak Futures And Sluggish Demand
During the week ending March 20, nickel pig iron (NPI) prices in China recorded a slight decline, reflecting a market environment characterized by weakness in nickel and stainless steel futures and sluggish end-user demand. The assessment for high-grade NPI (10-14%)...
Base Metals Rise On SHFE Driven By Tin And A Weaker Dollar
During the morning session of Tuesday March 24, base metals prices on the Shanghai Futures Exchange (SHFE) recorded a generalized increase, confirming a renewed optimistic sentiment across Asian markets. All the most-traded contracts closed in positive territory, with...
Aluminium Scrap Prices In Southeast Asia Remain Supported Between Chinese Demand And LME Volatility
During the week ending Tuesday March 17, spot prices of aluminium scrap in Southeast Asia showed a stable or slightly upward trend, supported by two key factors: strong demand from China and elevated freight rates. These elements contributed to maintaining solid price...
Italian Scrap Market: Apparent Stability In A Context Of Uncertainty
During the last week, the Italian scrap market has continued to show only apparent stability, with quotations substantially unchanged. However, this price resilience does not reflect a real balance between supply and demand, but rather an almost total absence of new...