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Turkey, Steel Mills Take Action: Third Consecutive Purchase of Scrap from the United States at Unchanged Prices
The international ferrous scrap market continues to show signs of strength, with Turkey stepping up purchases ahead of the holidays and winter season. On Tuesday, November 11, a US East Coast exporter concluded a new sale to a Turkish steel mill, marking the third...
European Copper Market: Premiums Firm and Demand Suspended After Historic Price Peak
After weeks of excitement and strong movements in global markets, European copper is calming down again. Premiums for grade A cathode copper, deliverable on the London Metal Exchange (LME), remained unchanged in the two weeks ending Tuesday, November 11, reflecting a...
European and US Coils Amid Expectations, Diverging Prices, and Uncertain Strategies
The global hot-rolled coil (HRC) market is undergoing a profound transition. In Europe, prices remain largely stable amid sluggish demand and anticipation of the new Carbon Adjustment Mechanism (CBAM), while in the United States, the market is showing signs of...
Nickel and Tin in Europe: Cautious Demand, Abundant Supply, and Stable Prices
In the European non-ferrous metals landscape, the week ending Tuesday, November 11, saw a nickel market with little movement and a tin market essentially stagnant. Both segments show a precarious balance between weak demand and ample material availability, confirming...