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Manganese Flake In Europe: Stable Prices Between Tenders And Waiting For Lunar New Year
The European market for electrolytic manganese flake showed surprising stability on February 13, despite intense activity on the spot market and the opening of several large tenders in Germany and the Netherlands. Commodity Evolution assessed manganese 99.7%...
Bauxite Declines And Alloys Stagnate: Two Markets, One Climate Of Weakness
The Guinean bauxite market showed signs of weakening on February 13, in a context characterized by oversupplied fundamentals and limited demand. Commodity Evolution’s weekly assessment for bauxite, fob Guinea, stood at 36-38 dollars per dry metric tonne (dmt), down by...
Europe On Pause: Scrap Between Lunar New Year And Ramadan
European markets for both ferrous and non-ferrous scrap are entering an unusually synchronized seasonal slowdown. The overlap between the Lunar New Year, which will begin on February 17, and the Islamic holy month of Ramadan, expected between February 18-19 and March...
Steel Between Europe And India: Weak Consumption And Pricing Strategies
The European hot-rolled coil (HRC) market continues to move with extreme caution. Trading activity remained subdued on February 13, in a context dominated by high stocks and still weak real consumption. Operators report that many customers are still working through...