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Merger Talks End: Glencore Shares Slide
The end of talks between Glencore and Rio Tinto had an immediate and sharp impact on financial markets, abruptly putting an end to weeks of speculation over a potential merger that would have created one of the world’s largest mining groups. On Thursday February 5,...
Mixed Movements For Base Metals On The SHFE
Prices of base metals traded on the Shanghai Futures Exchange showed mixed movements during morning trading on Friday February 6, reflecting a market still lacking clear direction and heavily influenced by the macroeconomic and seasonal backdrop. Among the main...
Between Cbam And Safeguards: A Market Under Strain
The Cbam, intertwined with the Safeguard measures approaching expiry, continues to generate a climate of strong uncertainty across the entire steel supply chain, from producers to distributors and importers. The topic is discussed constantly, but without clear...
Chrome Ore Prices Continue To Climb
UG2/MG chrome ore prices continued to push higher in the week to Tuesday February 3, supported by further buying activity in the seaborne market and by growing resistance from sellers to accept lower bids. Market sentiment remains broadly positive, underpinned by...