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UK to Introduce Carbon Border Adjustment Mechanism in 2027 to Prevent Carbon Leakage
The UK government has confirmed its intention to introduce its Carbon Border Adjustment Mechanism (CBAM) starting January 1, 2027, with the aim of combating carbon leakage, the shifting of production to countries with less stringent environmental regulations, which...
Base Metals at the SHFE: Mixed Performance After US Tariff Ruling
Base metal prices on the Shanghai Futures Exchange (SHFE) showed mixed results on Monday, September 1, influenced by the ruling issued by the US Court of Appeals on August 29. The court declared most of the tariffs introduced by the Trump administration illegal, while...
Zinc and Lead: Profits Rise Thanks to By-Products and Record Precious Metal Prices
2025 continues to be a golden year for zinc and lead producers, who have seen significant margin growth thanks to the strong rise in precious metals and base metals obtained as by-products from concentrates. Gold (the most traded futures contract on the COMEX) closed...
Germany: Steel Sales Rebound in July, But Production Declines by Double Digits
According to data released on August 27 by the German Steel Distributors' Association (BDS), steel sales in Germany improved in July 2025. Total transactions reached 857,680 metric tons, up 9.6% month-on-month and 0.8% year-on-year. Growth was driven primarily by flat...