European Copper Premiums: Market Awaits Rebound But Pressure Persists
The European copper premium market is cautiously optimistic following the end of the Lunar New Year period, hoping for increased trading activity as Asian participants return. However, the anticipated pick-up in trading has yet to materialize, leaving the market in a...
Chinese Stainless Steel Rises: Nickel Drives Prices While Demand Remains Weak
Stainless steel prices in China increased in the week ending Wednesday February 25, in both domestic and export markets. The main driver of the rise was higher nickel prices, combined with a stronger Chinese yuan, which directly affected export costs. The most-traded...
Base Metals In Shanghai: Nickel Leads Declines While Supply Remains Under Watch
Most base metals listed on the Shanghai Futures Exchange (SHFE) declined during morning trading on Thursday February 26, with nickel recording the sharpest drop. At 10:30am Shanghai time, compared with the 3pm close on Wednesday February 25, the most-traded contracts...
US Tariffs After The Supreme Court Ruling: New Balance Or Prolonged Instability?
The long-awaited US Supreme Court decision arrived Friday, striking down the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs. For much of the previous year, the president had relied on this law to apply...
Loading