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Copper Leads Shanghai Base Metals Higher: Record Cathode Premiums And Scarce Concentrates Support SHFE
The Chinese non-ferrous metals market opens the session of Wednesday, October 28, 2026, with a broad rise in the six main contracts on the Shanghai Futures Exchange (SHFE). Copper leads the gains, followed by zinc and aluminium, while lead, tin and nickel post more...
Ukrainian Steel Output Collapses By Almost 80%: The Steel Crisis Threatens The Economy And European Supplies
Ukraine’s steel industry is going through one of the most serious production crises since the beginning of the war. Russian attacks against major industrial complexes have interrupted production processes that require continuous energy supplies, specialized personnel...
Nornickel, Major Nadezhda Overhaul In 2027: Copper Stable In 2026, Future Output Uncertain
Nornickel has introduced a new uncertainty into the international metals market. On October 26, 2026, the Russian group announced that next year it will begin a nine-month major overhaul of one of the principal flash-smelting units at the Nadezhda metallurgical plant...
Oil, Tanker Freight Rates Above 37 Dollars Per Barrel: The Shipping Crisis Puts Pressure On Refineries And Industry
The rise in tanker freight rates has become a second source of pressure on the oil market, distinct from the price of crude. According to the International Energy Agency, in mid-October 2026 transporting a barrel from the Persian Gulf to Asia cost more than 37...