Belgian hot rolled coil steel basis numbers are below in early December those of a month ago, as per MEPS International. Delivery lead times are short. Slit coil, that can be delivered very quickly, is extremely cheap, leaving very little margin for the distributor.
The launch of a probe into financial irregularities at China’s Port of Qingdao in June brought nickel inventories at Asia-registered LME warehouses up 94,000 tonnes during June-November, 3-fold higher than the growth of 29,000 tons during January-May.
Lake County in Illinois is suspending the collection of electronic waste for recycling from December 18, because key funding has run out.