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Base Metals Trade Mixed at SHFE: Copper Leads Gains with +1.81%
Base metals listed on the Shanghai Futures Exchange (SHFE) showed a mixed performance during morning trading on Monday, October 20, with copper posting the strongest performance, buoyed by persistent global supply tensions and expectations for developments in US-China...
Steel Rebar: Market Stable, But Producers Target €270/t
A week later, the Italian rebar market continues to move in balance, with no substantial changes compared to previous days. Steel mills are maintaining their position, firmly demanding a reference price of €270 per ton, but most buyers are still picking up material at...
Italian Steel: September Marks a New Recovery Phase for Long and Flat Steel
Italian steel production maintained a positive pace in September, continuing the recovery that began in the first half of the year. According to the latest data, domestic steel mills produced 1.9 million tons of crude steel, a 4.3% increase year-over-year. From...
UK Secondary Aluminum Market: High-Grade Scrap Prices Rise, But Domestic Demand Remains Weak
The UK secondary aluminum market showed strengthening prices for higher-grade scrap in the week ending Wednesday, October 15, driven by firmer quotes on the London Metal Exchange (LME) and growing overseas buying demand, according to Commodity Evolution. The LME cash...