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The Price Rebound In The Chinese Alumina Spot Market
The Chinese alumina spot market recorded a marked price rebound in the week ending February 26, in a context characterized by tighter liquidity and reduced material availability, according to what was learned by Commodity Evolution from market sources. The upward...
NCM Black Mass: Rising Payables And A Tight Asian Market
The Asian NCM (nickel-cobalt-manganese) black mass market recorded firmer payable levels over the past week, supported by higher Japanese offers and a constructive sentiment across base metals. Despite the gradual return from Lunar New Year holidays, price momentum...
Base Metals In Shanghai: Tin Rallies While The Rest Of The Complex Retreats
Morning trading on February 27 at the Shanghai Futures Exchange opened on a generally negative tone for base metals. Most of the most-traded contracts posted losses, with tin and copper the only positive exceptions amid a strengthening US dollar. At 10:30am Shanghai...
Italy: Rebar Declines, Wire Rod Tightens And Merchant Bars Move Higher
The Italian rebar market continues to lose ground, with prices down by about €10 per tonne week on week. Operators report that €290/t ex-works has become standard, with some transactions even heard at €280/t, highlighting clear market pressure. Sentiment remains weak:...