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Strategic Metals, Chinese Exports Collapse And Redraw Global Trade Routes
Chinese exports of some of the most strategic metals for electronics, defense, renewable energy and advanced technologies suffered a sharp contraction in June. After the recovery observed in May, gallium and germanium shipments almost stopped, while indium, bismuth...
Hydro Doubles Recycling Earnings And Turns Billet Scarcity Into Record Margins
Aluminium recycling is assuming an increasingly significant role in Norsk Hydro’s industrial results. In the second quarter, adjusted earnings from standalone recycling activities more than doubled, supported by strong US margins, improving European conditions and...
Refined Metals In Europe, Zinc And Tin Rise While Copper And Nickel Remain On Hold
The European refined-metals market has entered the heart of summer following increasingly divergent paths. While copper and nickel remain blocked by weak seasonal demand and reduced liquidity, zinc and tin premiums continue to strengthen under the pressure of...
Zinc Leads The Rise In Shanghai, But Macroeconomic Caution Restrains Enthusiasm
Base metals showed predominantly positive performance during morning trading on Thursday July 23 on the Shanghai Futures Exchange, with zinc clearly leading the gains. At 10:30am Shanghai time, five of the six main contracts had gained ground from Wednesday’s 3:00pm...