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Base Metals Rise on the Shanghai Futures Exchange, With Tin Leading the Way
On the morning of Wednesday, November 12, base metal prices on the Shanghai Futures Exchange (SHFE) showed a predominantly bullish trend, with one exception: zinc and nickel. Among all base metals, tin stood out as the best performer, confirming its leading role in a...
CBAM Approaches Final Phase: Commission Excludes Indirect Emissions and Includes Pre-Consumer Scrap Among Regulated Products
The European Union's new Carbon Border Adjustment Mechanism (CBAM)—the system that will introduce a carbon pricing system for goods imported into Europe—is entering its most delicate phase. During a webinar organized on October 30 by the European Roundtable on Climate...
US Ferrous Scrap Market: November Trading Ends in Stalemate, Amid Expectations and Unstable Equilibrium
The US ferrous scrap market closed in November trading with an almost suspicious calm: no price movement across all grades and regions. A fragile but stable equilibrium that froze prices after two consecutive months of declines. "There wasn't enough pressure to push...
European Alloy Aluminum Market Under Tension: Cost Pressure and the Shadow of Production Cuts
The European secondary aluminum market has shown signs of strengthening over the past week, driven by rising raw material costs and growing Asian competition for scrap. According to industry sources contacted by Commodity Evolution, prices have moved higher amid...