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End-of-Year Rally Pushes Ferro-Tungsten to New All-Time Highs in Europe
The European ferro-tungsten market closed the week of December 17th at a new all-time high, driven primarily by trader activity. Amid limited supply and accelerating prices in China, Europe absorbed yet another surge faster than the usual transmission dynamics between...
Japan Earthquake Shuts Down Hachinohe Smelting Plant
The strong 7.6-magnitude earthquake that struck off the coast of Aomori Prefecture late on Monday, December 8, had immediate repercussions on the Japanese metallurgical industry. Mitsui Kinzoku, one of the country's leading zinc producers, announced the suspension of...
LME Warrant Premiums: Broad-Based Stability Despite High Prices and Supply Tensions
In the fortnight ending Wednesday, December 17, base metal warrant premiums on the London Metal Exchange (LME) showed surprising stability, resisting both record increases in futures prices and reports of potential supply disruptions in some producing areas. Amid...
Base Metals Rise in Shanghai: Nickel Leads Recovery
The week ended with a sign of widespread strength for base metals on the Shanghai Futures Exchange (SHFE). In the morning session on Friday, December 19th, all major commodities in the sector recorded gains, in a market environment that appears increasingly sensitive...