Loading
Tin: prices recover thanks to China’s excess purchase
The tin rollercoaster ride heads into the new year, promising more thrills and chills after a tumultuous performance in 2022. Three-month tin at the LME reached an all-time high of $51,000 per tonne in March before collapsing to $17,350 in October, when it was below...
Welded steel pipes: Turkish exports down in January-November 2022
In November 2022, Turkey's total welded steel pipe exports amounted to 162,439 tonnes, up 47.2% month-on-month and down 9.0% year-on-year, according to data provided by the Turkish Statistical Institute (TUIK). In value terms, the same exports totalled $156.65m, up...
Steel: UK may impose an emissions tax on imports
According to an article in the Financial Times, the UK government is considering imposing an emissions tax on steel imports by setting up a mechanism to regulate carbon emissions at the border, similar to the one adopted by the EU last year. There had previously been...
The LME exchange may never return to its former glory
After 146 years and more, the LME is still the benchmark for nickel prices. However, volumes have plummeted since the LME nickel debacle in March 2022. In fact, the problems no longer affect only nickel, but the entire spectrum of non-ferrous metals. The suspension of...