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BHP Abandons Anglo American Race: A Strategic Shift in Global Copper
It's the end of one of the most closely watched pursuits in the global mining sector. On Monday, November 24, Australian giant BHP officially announced that it will no longer attempt to acquire Anglo American, ending a strategic maneuver that had fueled expectations...
Asian Billets Stalled: Prices Unchanged, Market Paralyzed by Chinese Volatility
The apparent calm that characterized the Asian steel billet market on Thursday, November 20, is actually the reflection of deep-seated nervousness. In a context dominated by futures volatility in China, buyers preferred to hold off on all initiatives, waiting for a...
US Aluminum Scrap Prices Steady or Rising: Exports Revive Market
In the week leading up to Thanksgiving, the US aluminum scrap market showed surprising resilience. Despite slowing domestic activity—a now typical phenomenon in the run-up to the holidays—prices remained stable or slightly higher, thanks to an unexpected factor:...
Base Metals Rise at SHFE: Momentum in Tin and Nickel Leads the Session
Tuesday, November 25, opened on an overall positive note in the base metals market on the Shanghai Futures Exchange (SHFE). In the morning session, trading quickly became lively, with nearly all major industrial commodities rising. Tin led the way, posting the most...