Base Metal Prices Decline at SHFE: Lead Leads Losses
Base metal prices listed on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline on the morning of Thursday, August 21, with lead posting the sharpest decline among all the most traded contracts. These prices as of 10:30 a.m. Shanghai time (prices...
US Galvalume Prices Decline for Fourth Month, But Signs of Stabilization Are Visible
Domestic prices for galvalume (hot-rolled steel coated with an alloy of aluminum (55%), zinc (43.5%), and silicon (1.5%)) in the United States fell again in August, marking the fourth consecutive monthly decline. According to Commodity Evolution, on Tuesday, August...
Primary Aluminum Premiums: Mixed Global Trends Amid Shortages and Regulatory Uncertainty
In the week ending Tuesday, August 19, P1020A primary aluminum premiums showed a diverging trend internationally. Some regions saw increases due to limited metal availability, while others saw stability or weakening, driven by uncertainty surrounding tariffs and...
Base Metals Decline at SHFE: Cautious Sentiment and Focus on Geopolitical Tensions
Base metal prices on the Shanghai Futures Exchange (SHFE) declined in the morning session on Wednesday, August 20, with all six most traded contracts declining amid extreme caution among traders. These are the prices recorded at 10:30 a.m. Shanghai time (prices...
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