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China’s Metals Imports Change Profile: Scrap And Ores Rise, Several Refined Products Slow
June customs data confirm that the structure of China’s base metals imports is becoming increasingly selective. Beijing continues to purchase large volumes of raw materials needed to supply its smelting and refining system, but reduces or adjusts imports of...
Mexican Non-Ferrous Scrap, Market Divided Between Resilient Aluminium And Greater Pressure On Copper
The Mexican non-ferrous scrap market went through a week without a uniform direction. The different aluminium categories followed diverging trajectories, while in copper the greater inflow of material increased pressure on the purchasing conditions of refineries. The...
Italian Scrap, The Price Decline Slows: The Market Prepares For The Summer Break
The Italian steel scrap market appears to have moved beyond the most intense phase of the recent downward correction. Demand remains weak, trading is reduced to a minimum and summer shutdowns are progressively slowing down the activity of steel mills. However, after...
Base Metals Fall In Shanghai, With Tin Leading The Losses
Most base metals traded on the Shanghai Futures Exchange opened in negative territory on Tuesday July 28, affected by a more cautious macroeconomic environment and the strength of the United States dollar ahead of the Federal Reserve’s interest-rate decision. Within...