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A Surface-Stationary Market, But Full of Expectations: Italian Scrap Enters the Decisive Month
No surge, no acceleration: the Italian ferrous scrap market closed its final week in complete stability. Operators described it as a "substantially balanced" phase, almost suspended, reflecting a uniform trend that has been consolidated for several weeks. Yet, behind...
Fire at Jinxin: Tongling Nonferrous Reduces Operations at New Copper Giant
The Chinese copper market was rocked on Monday, December 1st, by unexpected news: Tongling Nonferrous, one of the country's largest refined copper producers, has reduced operations at its brand-new Jinxin plant following a fire that occurred in recent days. This was...
Base Metals Rebound: Morning Rally on the Shanghai Futures Exchange
The week began with surprisingly buoyant sentiment on the base metals markets. In the morning session on Monday, December 1st, nearly all major prices on the Shanghai Futures Exchange (SHFE) posted significant gains, buoyed by growing optimism regarding a possible...
Steel Sector: A Market Slowing, Taking a Breath, and Reorganizing
In recent weeks, the Italian steel sector has experienced a rollercoaster of contrasting signals: sudden increases followed by pauses for reflection, a gradual rebalancing of supply and demand, and an international landscape that continues to reshape itself under...