SHFE Metals Recover, But Nickel Falls Amid Weak Stainless Steel And High Stocks
Base metals are trading mostly higher again on the Shanghai Futures Exchange on Wednesday morning, September 16, but nickel is moving sharply against the trend. While tin leads the recovery, nickel loses almost 2%, weighed down by stainless steel weakness, falling...
US Steel, Production Reaches The Year’s High As Capacity Utilization Hits 82.3%
US steel production is accelerating to its highest weekly level of 2026. In the week ended September 12, crude steel output rose to 1.9 million short tons, while capacity utilization reached 82.3%, both surpassing the previous May highs. American Iron and Steel...
Manganese, Futures Lose Momentum And Port Stocks Weigh On Prices
China’s manganese ore market is coming under renewed pressure, with cooling silico-manganese futures and weak alloy demand restraining purchases. In the week ended September 11, imported high-grade ore recorded a slight decline, while semi-carbonate material remained...
Rare Earths, Malaysia And Vietnam Seek New Partners Without Moving Away From China
Malaysia and Vietnam can contribute to diversifying global rare earth supply chains, but are unlikely to build that role by breaking ties with Beijing. According to experts interviewed by Platts, part of S&P Global Energy, the two countries aim to attract...
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