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Base Metals In China, SHFE Prices Decline: Zinc Loses 1% As The Dollar Weighs On The Market
Base metals opened mostly lower on the Shanghai Futures Exchange (SHFE) on Tuesday, October 13, 2026. At 10:30 a.m. local time, four of the six main contracts under review were trading below Monday’s close. Zinc led the declines, losing 1%, while lead and nickel moved...
European Aluminium, Ingot Premiums Rise While Billets Remain Under Pressure: The Market Splits
The European aluminium market is moving at two different speeds. While premiums for primary P1020A ingots are strengthening again, supported by uncertainty over Canadian flows and the limited availability of certain grades, extrusion billets continue to lose ground...
Turkish Steel, Europe Tightens Access: Quotas And CBAM Push Mills Towards Other Markets
Turkish steel exporters face two pressures in their largest destination market: reduced European duty-free quotas and obligations linked to the Carbon Border Adjustment Mechanism. The result is more difficult access to the European Union, while mills seek new buyers...
British Steel, The Race For Electric Furnaces: Delaying Investment Could Favour Imports
The British steel industry’s transition to electric furnaces is entering a decisive phase. According to a new report by the Energy and Climate Intelligence Unit, postponing investment could prevent domestic producers from capturing growth in demand for lower-emission...