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Copper Concentrates, TC/RCs Collapse To A Record Low
A sudden acceleration in buying during the final two days of the week pushed the copper concentrate treatment charge index to the sharpest weekly decline recorded since its introduction in 2013. Smelters and traders returned to competing for large volumes, while...
Italian Scrap Remains Under Pressure, But The Summer Restart Could Change The Market
The domestic market continues to move through a phase of pronounced weakness, characterized by reduced purchasing, ample material availability and further concessions from suppliers. The scarcity of transactions, however, makes it difficult to establish the actual...
Shanghai Metals Mixed, Tin Jumps 2.65% Amid Falling Stocks And Supply Concerns
Base metal prices on the Shanghai Futures Exchange opened the week without a uniform direction, but tin clearly stood apart from the rest of the complex. The most-traded contract rose by 2.65%, supported by falling stocks in Shanghai and London, limited ore...
Europe Pushes For Deep WTO Reform Amid Chinese Overcapacity And New Trade Tensions
The European Union has submitted three papers to revive the reform process of the World Trade Organization. Brussels is calling for more effective rules against distortive state interventions, greater transparency and tools capable of overcoming decision-making...