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US Scrap Prices Remain Stable In September, But The Market Looks Toward A Winter Increase
The monthly ferrous scrap trade in the United States settled rapidly in September, with almost every grade holding at August levels. Ample material availability and maintenance outages scheduled by several steel mills neutralized bullish pressure, allowing buyers to...
Specialty Steel: Inventories And Weak Demand Curb Increases In Stainless And Electrical Steel
The Italian specialty flat steel market reopened after the summer break without a clear direction. In both stainless steel and electrical steel, high inventory levels and still-subdued final demand are preventing producers from fully passing higher energy and other...
Lithium In China: Futures Slump Drags The Spot Market Lower
The Chinese lithium market recorded a sharp correction in the week ended Friday September 4. Battery-grade lithium carbonate and hydroxide declined rapidly, tracking a slump in futures on the Guangzhou Futures Exchange, while participants expressed deeply divergent...
Global Scrap Prices Rise As Turkey Returns To Buying And Reactivates Seaborne Flows
The global ferrous scrap market showed a general strengthening in the week ended Friday September 4. The main impetus came from Turkey, where steel mills returned to the international market to rebuild inventories, purchasing new deep-sea cargoes from the United...