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European Zinc Between Record Prices And Supply Fears: Italian Premiums Narrow
The European zinc market is going through a phase of growing tension, suspended between London Metal Exchange prices close to the psychological threshold of $4,000 per tonne, concerns about the future availability of metal and demand that continues to show strong...
Asian Stainless Steel Falls Again: Cheaper NPI And Weak Demand Weigh On The Market
Stainless steel prices in Asian markets continued to decline for the second consecutive week. In the week ending Wednesday September 2, lower raw material costs and persistently weak demand placed renewed pressure on prices, both in the Chinese domestic market and in...
US Aluminium, Midwest Premium Rises Despite Weak Spot Demand
The US primary aluminium premium moved through the end of August showing a remarkable ability to hold firm, despite still-subdued spot demand and a climate of growing trade uncertainty. The Midwest premium for P1020A aluminium remained unchanged at 111-113 cents per...
UK Secondary Aluminium, LM24 Falls But Domestic Scarcity Supports LM6 And LM25
The UK secondary aluminium alloy market is sending conflicting signals. On the one hand, weak spot buying pushed the LM24 assessment lower; on the other, prompt availability of material produced in the United Kingdom declined, allowing some producers to sell their...