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Zinc Premiums In Asia Stable: Weak Demand, Unfavorable Arbitrage And Limited Spot Trades
The Asian SHG zinc market went through the week to Tuesday May 26 in a phase of apparent stability, but with still weak spot activity and few signs of recovery in downstream demand. Premiums in Shanghai and Southeast Asia remained unchanged, supported more by the...
Gulf Aluminium In Collapse: GCC Production Down 35% And Global Premiums Sharply Higher
Primary aluminium production in the Gulf Cooperation Council, or GCC, recorded in April a collapse of 35% year on year, confirming the deep and persistent impact of the Middle East conflict on the global aluminium chain. According to data from the International...
European Aluminium Scrap: Recyclers Challenge Export Restrictions While Protectionist Pressure Grows
The European aluminium scrap debate is entering an increasingly delicate phase. Recyclers have asked the European Commission to reconsider the hypothesis of introducing export restrictions or tariffs, warning that such a measure would risk damaging precisely the...
SHFE Metals Recover: Tin Leads Gains Amid Supply Risks, AI And Elevated Stocks
Base metals listed on the Shanghai Futures Exchange recorded a broad recovery in the morning of Friday May 29, with most of the most-traded contracts in positive territory. Tin was the protagonist of the session, posting the sharpest rise of the complex, while lead...