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Swinging Prices For Iron Ore Between Tariffs And Resuming Demand
The global iron ore market has experienced a veritable roller coaster in recent days. Futures, including the most active September contracts on the Dalian Commodity Exchange (DCE) in China, fell about 2 percent on May 8, hurt by two key factors: trade tensions between...
Copper EQ Cathode Premiums At Historic High In Shanghai And Southeast Asia
Equivalent grade (EQ) copper cathode premiums, i.e., non-exchange-registered, destined for import in Shanghai and Southeast Asian countries, reached historic highs in the week ended Tuesday, May 13. According to market participants, this spike was the result of a...
Base Metals Prices On The Rise On The Shanghai Futures Exchange
During the morning of Wednesday, May 14, prices of base metals listed on the Shanghai Futures Exchange (SHFE) showed a generally positive trend, with widespread rises among the major industrial commodities. Of all, it was zinc that registered the most significant...
Long And Flat Steel In Italy: A Stalled Market Between Sluggish Demand, Contained Production And Price Pressures
In the Italian long products sector, merchant beams and rolled products confirm a stalemate characterized by sluggish demand and limited supply. According to Italian traders, trading activity remains on a sluggish pace and production is traveling at a slow speed. As...