Tuesday, June 26, 2012

Zinc scraps and stainless steel scraps performances in scraps market on June 26


Zinc ingot:




Zinc alloy:

The market is somewhat into the off-work condition, as few transactions are done when the prices trend is oscillating in a narrow range.



Stainless steel:
The prices of the stainless steel scraps keep slipping on the second running day, leading to a more nervousness to the market participants.

Aluminum scraps performances in Nanhai metal scraps market on June 26


Aluminum bar:

It seems the prices of the aluminum bar haven’t reached the support level. It pulls back further on Tuesday in the Nanhai market (June 26th). A few buyers are taking one or two cartful betting on a recovery of the prices on the rest days of the week.



Aluminum ingot:

The aluminum ingot extends its serious losses on the second session in the Nanhai market. The ones who are intend to buy the metal mostly turn to the aluminum bar purchasing. So the trading market is remarkably cool.