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Zinc, TCs Remain Negative As Chinese Smelters Compete For Domestic Concentrate
China’s zinc concentrate market remains under pressure despite stability in the latest treatment charge assessments. Unfavorable import arbitrage is restraining overseas purchases and prompting smelters to prioritize domestic material, intensifying competition for...
Nickel And Cobalt, Sherritt Warns On Going Concern: Fort Saskatchewan’s Future Uncertain
Sherritt International has flagged material uncertainty over its ability to continue operating as it seeks the resources needed to restart activities. The warning from the Canadian mining and energy company adds uncertainty to the future of the Fort Saskatchewan...
SHFE Metals Decline, Tin Feels The Effects Of AI Caution And Chinese Weakness
Base metals on the Shanghai Futures Exchange are trading mostly lower on Tuesday morning, September 15. Tin records the largest decline, followed by copper and zinc, while aluminium is the only metal in the group to remain in positive territory. Caution over the...
US HRC Above $60, Spot Scarcity And Delays Weigh On Buyers
Hot-rolled coil prices in the US Midwest remain above $60 per hundredweight, extending a streak that began on August 27. The slight decline in quotations is not, however, accompanied by improved availability: market participants continue to report difficulties...