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Refined Metals In Europe, Zinc And Tin Rise While Copper And Nickel Remain On Hold
The European refined-metals market has entered the heart of summer following increasingly divergent paths. While copper and nickel remain blocked by weak seasonal demand and reduced liquidity, zinc and tin premiums continue to strengthen under the pressure of...
Zinc Leads The Rise In Shanghai, But Macroeconomic Caution Restrains Enthusiasm
Base metals showed predominantly positive performance during morning trading on Thursday July 23 on the Shanghai Futures Exchange, with zinc clearly leading the gains. At 10:30am Shanghai time, five of the six main contracts had gained ground from Wednesday’s 3:00pm...
Global HRC At Three Speeds: Europe Slows, The United States Remains Tight And India Holds
The international hot-rolled coil market is entering the central part of the summer with profoundly different balances across Europe, the United States and India. Weak consumption is a recurring element in several regions, but it does not produce the same effects on...
Petrochemicals At Different Speeds: Energy Rises, But Prices Follow Different Paths
The strengthening of energy markets was not transmitted uniformly to the main petrochemical raw materials. On Monday, prices showed a deeply fragmented structure, with European ethylene, styrene monomer and paraxylene moving higher, while propylene, benzene, mixed...