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Global steel markets short-term outlook August 2024
During Jan-Jul 2024, global crude steel demand fell by 1% year-on-year. Despite solid growth in India, Southeast Asia and the EU, China single-hand...
Global iron ore short-term outlook August 2024
The 62% Fe CFR China price averaged US$98.7/t in August, down by US$7.0/t or 6.6% compared to the previous month. China's ferrous market faced sign...
Global nickel short-term outlook August 2024
Little has changed in the market but a late-month rally in prices signals optimism for September and October, as China enters the peak stainless bu...
Global aluminium short-term outlook July 2024
The pull of gravity finally caught up with aluminium prices. Having touched US$2700/t in late May prices have been on a downward trajectory against...
Global nickel short-term outlook July 2024
BHP announces the closure of Nickel West yet nickel prices continue to fall as weak fundamentals prove to be more influential. However, the loss to...
Global zinc short-term outlook July 2024
Macro-economic concerns prompted a broad-based sell-off across the base metal complex this month. For zinc the sell-off was given additional moment...
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