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US Nickel Premiums Rise Sharply: Tariff Effects Making Their Marks
US nickel premiums saw a surprising surge in the monthly price assessment session ending Tuesday, August 5. According to market sources, the primary driver of this upward movement was the direct effect of import tariffs imposed by President Donald Trump. The premium...
Base Metal Prices on the SHFE Show No Clear Direction: Marginal Movements Awaiting Further Direction
During the morning session on Wednesday, August 6, base metal prices on the Shanghai Futures Exchange (SHFE) showed little change, highlighting the lack of clear market direction. Trading remained cautious, with traders closely monitoring global macroeconomic...
MMG Increases Zinc Production, But Lead Concentrates Remain Decline
Chinese-Australian mining company MMG reported a significant increase in zinc concentrate production in the second quarter of 2025, up 12% year-over-year. This result was supported by higher ore quality and consistent recovery rates at the Dugald River mine in...
European HRC Market in Summer Hiatus, But Signs of Recovery on the Horizon
In a typically slowed-down environment during the summer season, the European HRC (hot-rolled coil) market continues to show signs of stagnation. However, behind the apparent inertia, tentative signs of a possible turnaround are emerging in the coming months....