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Deliverable stocks of base metals at Shanghai Futures Exchange-registered warehouses were on divergent paths in the week to Friday August 26, with copper topping the gains in percentage terms, while tin led the declines
Aluminium billet premiums trended downward globally on Friday, August 26, with participants in all the major markets reporting a decrease
In a fresh cargo sale to Turkey, US deep-sea ferrous scrap export prices ticked up by $2-11 per tonne compared with the last such US deals
Turkish steel producers continued to face weak demand for finished steel products in the export markets and locally
Blast furnace (BF)-based steelmaking capacity in Southeast Asia could balloon by 25% over the next few years with the emergence of new projects, the South East Asia Iron & Steel Institute (Seaisi) said recently
The publication of Fastmarkets’ steel billet, import, cfr China price assessment for Tuesday August 23 was delayed this week and was instead published on Wednesday August 24.
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