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Ferrous Scrap, Turkey And Taiwan Remain Still Between Caution And Margins Under Pressure
Imported ferrous scrap markets in Turkey and Taiwan went through a directionless session on August 18, with prices broadly unchanged and buyers showing little inclination to conclude new contracts. Different dynamics, however, lie behind this apparent stability. In...
Aluminium, Midwest Premium Rises Despite Weak Demand
The US primary aluminium market is going through an apparently contradictory phase: spot demand remains sluggish, held back by the traditional summer slowdown, but the Midwest premium has nevertheless recorded a slight increase. Supporting quotations are tensions...
HDPE, Asia moves at two speeds: increases in the east, caution in the subcontinent
The Asian high-density polyethylene market has taken different directions: Far East and Southeast Asia recorded increases supported by firmer offers and higher import replacement costs, while India and Pakistan remained substantially stable. Sri Lanka and Bangladesh,...
Wire Rod, US Production Outages Push Prices Higher While Correction Risk Grows
Domestic and imported wire rod prices in the United States recorded a moderate increase in August, supported by mill price hikes, limited availability and ongoing production outages in Illinois and Oklahoma. End-user demand is not described as particularly robust, but...