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The primary aluminium premium for duty-unpaid units in Rotterdam edged higher in the week to Tuesday September 3, while the wider European market found continued support from high replacement costs and tight nearby inventories despite slow consumer demand.
Market participants are converging on Bali in Indonesia for the Fastmarkets International Critical Minerals & Metals Summit (ICMMS) on September 5 and 6, so ahead of the event, we capture the main themes facing the global nickel market.
Fastmarkets launched a price assessment for MB-STE-0920 steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE on Wednesday September 4.
Fastmarkets has corrected the notice regarding the decision to delist certain grades of its North American non-ferrous scrap dealer buying prices.
China’s lithium carbonate prices fell in the week to Thursday August 29, amid volatility in futures prices. Hydroxide prices also softened on the back of muted spot demand.
As the country moves to make the quota tariff against steel imports work, concerns are growing within the Brazilian steel industry over a potential surge in imports of finished steel products, particularly fastening materials such as screws, nails, bolts and wires, which could impact the entire supply chain, sources have told Fastmarkets.
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