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Hot-Rolled Coil: Europe Stalled Between Stocks And Weak Demand, United States Supported By Tight Supply And Tariffs
The market for hot-rolled coils, or HRC, continues to move on very different trajectories between Europe and the United States. In Europe, domestic prices remained substantially unchanged on Wednesday May 27, in a context of weak trading activity, elevated stocks and...
European Copper, Nickel And Tin Premiums Stable, But The Market Looks At US Duties, Hormuz And AI
The European refined metals market went through the week to Tuesday May 26 in a phase of apparent stability, but beneath the surface very different forces are moving. Physical premiums for copper, nickel and tin remained substantially unchanged, while operators are...
Asia-Pacific Alumina: The Gap Between Buyers And Sellers Widens Amid Supply Concerns And Bauxite Costs
The spot alumina market in the Asia-Pacific area showed in the week to Thursday May 28 a growing gap between buyers’ expectations and sellers’ requests. The discussion focused above all on supply conditions: for some operators the market remains in surplus, with...
NCM Black Mass In Asia: South Korea Stronger, Southeast Asia Held Back By Lithium
The Asian NCM black mass market, recycled material containing nickel, cobalt, manganese and lithium, showed in the week to Wednesday May 27 a clear regional divergence. In South Korea, payable levels remained supported, thanks to steady demand from local...