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Copper Premiums: Decline in the United States and Europe, Rises in Asia
In Southeast Asia, premiums for Grade A copper cathodes recorded a further increase in the week ending Tuesday, August 19. The market was supported by the temporary closure of the PT Smelting smelter in Gresik, Indonesia, which reduced available supply and stimulated...
LME Closure for Summer Bank Holiday: Metals Markets on Pause Monday, August 25, 2025
Today, Monday, August 25, 2025, the London Metal Exchange (LME), the world's leading non-ferrous metals trading venue, will be closed for the Summer Bank Holiday, one of the most important national holidays in the United Kingdom. The holiday, which traditionally marks...
Zinc Premiums: Slight Rise in Italy, Stability in Asia and the US
During the August 19 pricing session, premiums for SHG zinc (99.995%) in Europe showed mixed dynamics. According to Commodity Evolution's weekly assessments, ex-works Rotterdam and ex-works Antwerp premiums remained unchanged at $250-280/ton, signaling a very quiet...
US-China Tariffs, Early Peak in Ocean Freight Rates and New Pressure on Global Markets
When the United States lowered its base tariff on Chinese imports from 145% to 30% for a period of 90 days in May, demand for transpacific shipping exploded. Companies witnessed a veritable rush by shippers, eager to get goods to the US before the August deadline. The...