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US Flat Steel, CRC And Galvanized Coil Continue To Rise But Imports Could Slow The Rally
US prices for cold-rolled coil and hot-dipped galvanized steel continued to increase in the week ended Thursday July 23, supported by lean inventories, extended lead times and still-favorable demand fundamentals. The market for higher-value-added flat products...
Aluminium Scrap In India, Buying Slows Amid Falling Local Prices And Pressure On Margins
Indian aluminium scrap buying slowed in the week ended Wednesday July 22, held back by the recent decline in domestic market prices and less dynamic end demand. The reduction in local tense scrap quotations lowered importers’ urgency to book new cargoes, while...
Asian Aluminium Premiums Remain Stable, But Lower Inventories And Geopolitical Risks Support The Market
Primary aluminium premiums in Asia remained mostly stable in the week ended Thursday July 23, in a market characterized by limited spot liquidity and still-constrained physical metal availability. The absence of intense negotiating activity prevented significant...
Teck Resources Triples Ebitda And Confirms Copper And Zinc Targets
Teck Resources closed the second quarter with economic and operational results that improved sharply compared with the same period of the previous year, supported by higher commodity prices, growth in copper production and a recovery in the profitability of smelting...