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Indonesia Redesigns Nickel Pricing And Shakes Global Markets
Indonesia, the beating heart of global nickel production, has introduced a radical revision of its ore pricing system through the Harga Patokan Mineral (HPM) mechanism. From April 15, the new scheme has redefined the benchmark value of the ore, triggering widespread...
Base Metals In China Between Caution And Volatility: Aluminium Leads Losses
The trading session on Monday, April 20, on the Shanghai Futures Exchange opened with a mixed performance for base metals, reflecting a market environment still heavily influenced by global uncertainty. At 10:30am Shanghai time, the most-traded contracts showed...
EU Approves Major Aid Package For German Energy-Intensive Industry
The European Commission has approved a major €3.8 billion state aid program, aimed at supporting Germany’s energy-intensive industrial sectors. The initiative is part of the broader Clean Industrial Deal framework and represents a concrete attempt to balance...
Chinese Steel: Production Cuts To Stabilize The Market
In the first quarter of 2026, China’s steel industry adopted a clear strategy to cope with uncertain demand: reducing production to avoid oversupply and support prices. Official data shows a broad slowdown across the supply chain, signaling a sector adapting to a...