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Chrome Ore Prices Stabilize Amid Tensions And Uncertainty
The global UG2/MG chrome ore market showed a phase of stabilization in the week ending April 7, but beneath the surface signs of growing fragility are emerging. Prices held around $318 per tonne CIF China, but the overall picture is marked by reduced liquidity and...
Global Scrap Market: Slowdowns, Rebounds And New Balances
The global ferrous scrap market is currently undergoing a complex phase, characterized by diverging dynamics across major regions. From Turkey to Taiwan and Mexico, contrasting signals are emerging: weakening finished steel demand alongside price support from...
The European Commission Sets The CBAM Price For The First Quarter Of 2026
The European Commission published on April 7 the Carbon Border Adjustment Mechanism (CBAM) certificate price for the first quarter of 2026, a crucial benchmark for all CBAM-covered goods imported into the European Union between January and March. The value was set at...
Downward Pressure On Base Metals In China
Morning trading on Thursday April 9 on the Shanghai Futures Exchange showed a broadly negative picture for the entire base metals complex, with selling pressure affecting nearly all major futures contracts. At 10:30am Shanghai time, the most actively traded metals...