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Global P1020A Primary Aluminum Premiums: Mixed Movements, but US and Europe Remain Supported
Global P1020A primary aluminum premiums showed mixed trends during the week ending Tuesday, August 5. However, despite the typical summer calm, premiums in the United States and Europe strengthened due to specific supportive factors, such as tight supplies and limited...
Australia Considers National Price Floors and Offtakes for Rare Earth Elements
Australia is considering the introduction of a price floor and national purchasing agreements (offtakes) for rare earth elements and other strategic raw materials, as part of the creation of a national reserve of critical minerals. This initiative aims to support...
US Nickel Premiums Rise Sharply: Tariff Effects Making Their Marks
US nickel premiums saw a surprising surge in the monthly price assessment session ending Tuesday, August 5. According to market sources, the primary driver of this upward movement was the direct effect of import tariffs imposed by President Donald Trump. The premium...
Base Metal Prices on the SHFE Show No Clear Direction: Marginal Movements Awaiting Further Direction
During the morning session on Wednesday, August 6, base metal prices on the Shanghai Futures Exchange (SHFE) showed little change, highlighting the lack of clear market direction. Trading remained cautious, with traders closely monitoring global macroeconomic...