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SHFE Metals Rise: Lead And Zinc Lead Buying Ahead Of Golden Week
Base metals advance across the board on the Shanghai Futures Exchange on the morning of Friday September 18, with lead heading the gains and zinc close behind. Prices are supported by the gains recorded in London in the previous session and by restocking activities...
Merchant Bars And Beams, Rising Energy Costs Test The Italian Market
Steelmakers are seeking increases, but the market is struggling to absorb them. In merchant bars and beams, rising energy costs are forcing Italian producers to revise selling prices, while weak demand and purchases limited to essential requirements are slowing the...
Chinese Stainless Steel Under Pressure: Falling Nickel Weakens Prices, Demand Remains On Hold
China’s stainless steel market is losing ground, held back by falling raw material prices and demand that continues to move cautiously. In the week ended Wednesday September 16, prices declined in both the domestic and export markets, while import prices in East Asia...
European Copper, Premiums Decline: Fewer Outlets To The United States And More Metal On The Market
The European copper cathode market is losing support, squeezed between weak spot demand and increasing metal availability. In the assessments on Tuesday September 15, physical premiums declined across several locations, affected by uncertainty over US tariffs and the...