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HRC Steel: United States At Highest Level In More Than Four Years, Europe Waits, And China Slowed By Demand
The international hot-rolled coil market continues to move at different speeds. In the United States, limited spot availability and scheduled maintenance have pushed prices to their highest levels since May 2022. In Europe, quotations remain relatively stable, but...
Copper Concentrates: Treatment Charges At Minus $219, Aggressive Traders, And Delays From Chile
The international copper concentrate market recorded a further deterioration in the week ending Friday, August 21, with treatment charges and refining charges falling deeper into negative territory. Competition among traders to secure prompt cargoes, persistent buying...
Cobalt: Hydroxide Falls 16.28% In China As Supplies From Congo Increase
China’s cobalt hydroxide market recorded a sharp correction on Friday, August 21, interrupting a prolonged stalemate between sellers reluctant to grant discounts and buyers unwilling to accept high prices. The arrival of new cargoes from the Democratic Republic of...
US Aluminium: Scrap Awaits Canadian Tariffs, Secondary Alloys At Record Highs
The US aluminium market is experiencing a period of significant uncertainty, with scrap market participants slowing or suspending negotiations following reports of a possible reduction in tariffs applied to Canadian metal. In the week ending Thursday, August 20, most...