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China Reduces Steel Production Again: Fourth Consecutive Month of Decline in September
Chinese steelmakers reduced pig iron and crude steel production for the fourth consecutive month in September 2025, according to data released on October 20 by the National Bureau of Statistics (NBS). The decline was driven by compressed margins and weak domestic...
Base Metal Prices Rise in Shanghai: Optimism Over Trade Negotiations Drives Prices
Base metal prices listed on the Shanghai Futures Exchange (SHFE) rose broadly on the morning of Tuesday, October 21, supported by an optimistic mood in financial markets and positive signs regarding trade negotiations between China and the United States. Among the...
European Secondary Aluminum Prices Rise: Renewed Competition for Asian Scrap
The European secondary aluminum market strengthened further in the week ending October 17, supported by rising domestic scrap costs and the return of strong Asian demand for recycled material. According to Commodity Evolution, the price range for standard secondary...
Aluminum Billet Premiums Decline in Europe, Stable in Asia and Brazil: Market Braces for CBAM Impact
The global 6063 aluminum billet market is undergoing a complex transition in October, with a contrasting picture across Europe, Asia, and South America. While premiums in Europe continue to weaken under pressure from abundant supply and weak downstream demand, in Asia...