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2026 Copper Negotiations Stalled: Antofagasta and Smelters Play for Time
Negotiations for 2026 copper concentrate supplies between Chilean producer Antofagasta and major copper smelters in China and Japan are progressing extremely slowly, amidst significant uncertainty that continues to weigh on the market. In mid-December, operators...
China Cracks Down on Steel Exports: Mandatory Licensing Starting in 2026
Beijing is preparing to introduce a new and significant change in the management of steel exports. Starting January 1, 2026, China will impose export licensing controls on a wide range of steel products, including pig iron, scrap, semi-finished products, and finished...
Zinc Takes Center Stage: Major Producers Increase Output Driven by Price Rally
The global zinc market accelerated significantly in the third quarter of 2025, with the world's largest producers significantly increasing production levels, taking advantage of a sharply rising price environment and persistent supply tension. According to data from...
Base Metals Decline at SHFE: Nickel Leads Selling
The morning session on Tuesday, December 16, at the Shanghai Futures Exchange (SHFE) opened with a sell-off across the entire base metals sector, with widespread declines affecting all major industrial commodities. Nickel led the movement, recording the sharpest...