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Shanghai Futures Exchange Metal Prices Decline Amid Fed Rate Cut Expectations and Weak Chinese Data
The morning of Wednesday, September 17, saw a broad-based decline in base metal prices listed on the Shanghai Futures Exchange (SHFE), as traders awaited the US Federal Reserve's interest rate decision later that day. As of 10:30 a.m. in Shanghai, the most traded...
Metal Premiums in Europe and the United States: Changing Dynamics Amid Limited Supply and Weak Demand
The European P1020A primary aluminum market saw a renewed increase in premiums in the week ending September 16, with values rising especially in Rotterdam warehouses. Commodity Evolution estimated the in-whs Rotterdam duty-paid premium at $225-250/t, slightly higher...
Assofermet Sounds the Alarm: Risk of Crisis for the Metals Supply Chain With New EU Measures Starting in 2026
Assofermet, the Italian association representing distributors of scrap, raw materials, and steel, has issued a clear warning: the European metals supply chain risks facing serious difficulties starting in 2026, the year new EU rules come into force. In a statement on...
Highland Materials to Invest Over $1 Billion in Solar Polysilicon Facility in Tennessee
Highland Materials has announced the construction of a facility worth over $1 billion dedicated to the production of high-purity polysilicon for solar applications in northeast Tennessee. The project follows the signing of a long-term lease with real estate platform...