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HRC Between Europe And The United States, Two Markets Increasingly Far Apart
The international hot-rolled coil market is showing an increasingly marked divergence between Europe and the United States. On one side, the European market remains weak, cautious and conditioned by uncertainty over European Union safeguard measures; on the other, the...
NCM Black Mass Falls In Asia Amid Weak Lithium, Lower Nickel And More Cautious Buying
Payables for NCM black mass, composed of nickel, cobalt and manganese, weakened in the main Asian recycling hubs in the week ended Wednesday June 24. Weighing on the market were above all the recent decline in lithium and nickel prices, together with an increasingly...
Aluminium Scrap In Southeast Asia Blocked By The LME Collapse
The aluminium scrap import market in Southeast Asia remained substantially blocked in the week to Tuesday June 23, caught between offers that were still firm, supported by material scarcity, and increasingly cautious demand after the sharp retreat of aluminium futures...
Global Ferrous Scrap Falls, Weak Finished Steel Demand Cools Buying
Global ferrous scrap prices showed a weaker tone in the week ended Friday June 26, penalized by sluggish finished steel demand in the main import markets. From Turkey to India, through Vietnam and Taiwan, steel mills maintained a cautious attitude, limiting purchases...