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Chinese Stainless Steel Rises: Nickel Drives Prices While Demand Remains Weak
Stainless steel prices in China increased in the week ending Wednesday February 25, in both domestic and export markets. The main driver of the rise was higher nickel prices, combined with a stronger Chinese yuan, which directly affected export costs. The most-traded...
Base Metals In Shanghai: Nickel Leads Declines While Supply Remains Under Watch
Most base metals listed on the Shanghai Futures Exchange (SHFE) declined during morning trading on Thursday February 26, with nickel recording the sharpest drop. At 10:30am Shanghai time, compared with the 3pm close on Wednesday February 25, the most-traded contracts...
US Tariffs After The Supreme Court Ruling: New Balance Or Prolonged Instability?
The long-awaited US Supreme Court decision arrived Friday, striking down the Trump administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs. For much of the previous year, the president had relied on this law to apply...
US Copper Market: Stability Amid Tariff Uncertainty And LME-COMEX Arbitrage
The US copper market maintained surprising stability during the pricing session ending Tuesday February 24, despite renewed tensions linked to tariff policy. The weekly copper grade 1 cathode premium, ddp Midwest US, stood at 7-8 cents per lb, unchanged from the...