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Manganese Ore Slips In China Amid High Stocks, Weak Futures And Cautious Buyers
The seaborne manganese ore market delivered to China closed the week ended Friday May 15 lower, weighed down by weak sentiment, falling port-side prices and still elevated stocks in the main Chinese logistics hubs. Downward pressure extended both to high-grade...
Turkish Scrap Remains On Pause Before The Holidays, But Steel Mills Prepare New Purchases
The Turkish deep-sea ferrous scrap market remained quiet at the start of the week, ahead of the national and religious holidays that will reduce commercial activity in the coming days. After a week with few concluded transactions, operators nevertheless expect steel...
European Secondary Aluminium Accelerates, Driven By Scarce Scrap And Ever Higher Replacement Costs
The European secondary aluminium market recorded new increases in the week ended Friday May 15, supported by a combination increasingly difficult to manage for processors: limited scrap supply, steady export demand, rising LME aluminium and increasing replacement...
Rare Earths, No Breakthrough After Trump’s Visit To China: Export Controls Remain The New Scenario
US President Donald Trump’s visit to China, between May 13 and May 15, did not bring significant changes to China’s export control regime on rare earths. Although market attention was focused on the possibility of an easing of restrictions, the document published by...