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Aluminium Scrap In Southeast Asia: Weak Demand, Falling LME And Risk Of Export Restrictions
Import demand for aluminium scrap in Southeast Asia remained weak in the week to Tuesday June 9, despite a context of increasingly tight supply in the main exporting countries. The market is caught between two opposing forces: on one side, lower material availability...
SHFE Metals All Down: Tin Leads Declines After The Spring Rally
Base metals listed on the Shanghai Futures Exchange opened the Wednesday June 10 session in negative territory, with a generalized retreat on all the main most-traded contracts. Leading the declines was tin, penalized by profit-taking after the strong rally of the...
Tungsten Under Pressure: Chinese Buyers In US Scrapyards And Record Prices For A Strategic Mineral
The global tungsten market is entering a phase of increasingly evident tension. According to what was reported by the Financial Times, Chinese buyers have begun actively seeking tungsten scrap from scrapyards and suppliers in the United States, fueling real...
South Africa Supports Ferro-Chrome: Preferential Electricity Tariff To Protect Industry, Exports And Employment
The South African ferro-chrome sector has obtained important regulatory support at a delicate moment for the country’s industrial competitiveness. The national energy authority has approved a proposed electricity tariff of 0.62 rand per kWh, equal to about 0.04...