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Mixed Market at the Shanghai Futures Exchange
Base metal prices on the Shanghai Futures Exchange (SHFE) showed a divergent trend in the morning session on Monday, October 27, with small but significant changes in direction. Among all metals, lead was the worst performer, falling 0.77% to 17,460 yuan per ton. As...
World Steel Production Declines in September: China Slows, India Continues to Grow
World crude steel production slowed slightly in September 2025. According to data from the World Steel Association (Worldsteel), the 70 countries that reported their statistics produced a total of 141.8 million tonnes (Mt), a decrease of 1.6% compared to September...
US Copper Scrap Market: Weak Demand But Stable Prices, Unchanged Spreads, and Increased Export Competition
The US copper scrap market remained stable in the week ending Wednesday, October 22, with unchanged discounts and moderate trading activity. Market sources interviewed by Commodity Evolution reported a still-sluggish demand environment, but also some normalization...
Shanghai Zinc Premiums Steady: Limited Liquidity and Only Marginal Export Activity
Shanghai zinc premiums remained unchanged in the week ended Tuesday, October 21, amid limited liquidity and weak trading, according to Commodity Evolution. Valuations for SHG min 99.995% zinc ingots, cif Shanghai, remained in the range of $110-$130 per ton, a level...