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Nickel Pig Iron Prices Decline Due to Limited Orders and Shrinking Margins
Nickel pig iron (NPI) prices in China continued to decline in the week ending Friday, July 11, according to multiple market sources told Commodity Evolution. The main factors behind this decline include lower offers from major Chinese steel mills and a cautious...
Copper Concentrate Treatment Charges Rise for Second Consecutive Week
Copper concentrate treatment charges (TC) recorded their second consecutive week of increases, reaching negative $65.00 per ton on Friday, July 11, up $0.80 from negative $65.80 on July 4. This increase occurred amid uncertainty after China's Copper Smelters Purchase...
Base Metal Prices Decline on the SHFE: Aluminum Leads Losses
During the morning session on Monday, July 14, most base metals listed on the Shanghai Futures Exchange (SHFE) declined, with aluminum experiencing the sharpest decline among major industrial commodities. As of 10:30 a.m. (Shanghai time) Monday morning, the most...
Italian Scrap: Price Stability After June Drops
After a period of downward adjustments in recent months, the Italian scrap market has finally reached an apparent equilibrium. Prices have settled at stable levels and, at least in the short term, there appears to be no room for significant changes, either upward or...