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Glencore Downgrades Forecast: Copper Enters New Phase of Global Pressure
Glencore, one of the world's largest mining and trading groups, has sounded a new alarm for the metals industry: it will produce less copper than expected in 2026. The revision is not insignificant. The Swiss giant has announced that next year's production will be...
Base Metals Rally at SHFE: Tin Leads the Race Amid Supply Tensions
The morning of Thursday, December 4th, opened with a sharp jump in the major base metals traded on the Shanghai Futures Exchange (SHFE). A surprisingly lively session, the entire metals complex showed a positive tone, supported by the parallel rebound also observed on...
Energy Crisis Overwhelms South African Ferrochrome: Samancor Risks Loss of 2,500 Jobs
The South African ferrochrome industry is facing one of its worst crises in decades. Samancor Chrome, one of the world's leading producers of both chrome ore and ferrochrome, has announced that nearly 2,500 workers could be affected by an imminent plan to downsize or...
Nickel and Zinc in Europe: Two Markets Face Off Between Localized Rebounds and Weak Demand
In early December, the European base metals market showed two very different faces. On the one hand, nickel, which after months of sporadic trading, returned to growth with unexpected acceleration in the uncut cathode and briquette segments. On the other, zinc,...