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Trafigura Dumps Over 400,000 Tons of Aluminum into LME Warehouses

Trafigura Dumps Over 400,000 Tons of Aluminum into LME Warehouses
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United statesUnited kingdomNichole bastinInternational aluminum instituteVia metalAluminum monthly metals indexInventories skyrocket after trafiguraSees increaseDemand appears steadyMidwest premiumNorth americanCentury aluminum

Bearish Nickel Prices Squeeze Steel Mill Earnings

Bearish Nickel Prices Squeeze Steel Mill Earnings
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

United statesNichole bastinVia metalStainless monthly metals indexNorth american stainlessSteel sales slipBoom continuesWestern australiaFirst quantumWill mills respondBearish nickelReconsidering strategiesNickel priceMetalminer insightsCorrelation analysis

Steel Producers Make Major Move to Improve Market Transparency

Steel producers Nucor and Cliffs introduce weekly and monthly HRC pricing, aiming for market transparency and potential influence on indexes.

United statesWhite houseDistrict of columbiaNichole bastinLourenco goncalvesUs department of justiceVia metalRaw steels monthly metals indexCliffs publish weeklyHot rolled marketWorld steel dynamicsSteel dynamicsMetalminer insightsPresident bidenGoncalves fires shotsNippon steel

New Russian Sanctions Spark Metal Market Volatility

Sanctions on Russian copper, aluminum, and nickel have caused market volatility, with potential impacts on pricing, open interest, and trade flows.

United kingdomNichole bastinExchange pricingVia metalMetalminer insightsCorrelation analysisRussian sanctions hit copper

Market Sentiment Shifts as Buyers Resist Steelmaker Price Increases

The steel market shows signs of flattening with HRC prices moving sideways after a period of decline, creating uncertainty about the direction of future price trends.

United statesNichole bastinSteel instituteFederal reserveVia metalRaw steels monthly metals indexMetalminer insightsAmerican ironCorrelation analysisDrift lower threatening market

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