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SHFE Metals Mixed: Lead Leads Declines Between Strong Dollar, Rising Stocks And Expected Surplus
Base metals listed on the Shanghai Futures Exchange showed mixed performance in the morning of Tuesday June 9, with lead in evident difficulty and some metals instead able to recover slightly after the weakness of the previous session. The market remains conditioned...
Recycled Copper In Japan: NTT And Mitsubishi Materials Focus On Urban Mining To Strengthen Supply Security
Japan accelerates on the secondary copper and urban mining chain. NTT Corporation and Mitsubishi Materials Corporation announced the creation of a new joint venture, NTT Circurust, dedicated to recovering secondary copper from used IT equipment. The new company is...
Global Ferrous Scrap Subdued: Weak Demand, Prudent Buyers And Reduced Trades In Major Import Markets
The global ferrous scrap market closed the week to Friday June 5 in a phase of marked operational weakness. Weak demand for finished steel products, the prudent attitude of buyers and the absence of strong directional signals kept trading activity at minimal levels in...
Northern European Stainless Steel Higher: Reduced Import, More Expensive Alloy Surcharges And Mills With Greater Pricing Power
The Northern European market for cold-rolled stainless flat products recorded a price increase in June, supported by a combination of factors that is strengthening the bargaining power of domestic producers. Lower import availability, higher alloy surcharges and...