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Metals On Alternative Routes: The Gulf Reorganizes After The Closure Of The Strait Of Hormuz
The closure of the Strait of Hormuz is forcing the metals industry to rapidly redesign its trade routes, opening new logistical corridors through alternative ports across the Middle East. Among them, Jeddah in Saudi Arabia and the Port of Sohar in Oman are emerging as...
US Ferrous Scrap Exports: Turkish Demand Supports The Market While Asia Slows
US ferrous scrap exports reached 853,385 tonnes in December, recording a decline compared with the 1.11 million tonnes shipped in November, but still showing a notable recovery from the October low of 630,030 tonnes. Within this volatile trading environment, Turkey...
Chinese Smelters Rush For Concentrates: The Copper Market Tightens After Lunar New Year
The global copper concentrates market experienced a significant turning point in the first week of March, when Chinese smelters fully returned to operations after the Lunar New Year holiday, showing a particularly aggressive appetite for raw materials. This sudden...
Base Metals On The SHFE: Aluminium Leads The Rally In A Volatile Market
The market for base metals traded on the Shanghai Futures Exchange (SHFE) showed mixed performance during morning trading on March 9, with some commodities rising while others came under pressure. Among all the metals in the complex, aluminium was the standout...