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Zinc: global market deficit falls to 18,300 tons in January

Zinc: global market deficit falls to 18,300 tons in January

The global zinc market deficit fell to 18,300 tons in January, down from a revised deficit of 80,300 tons in the previous month, according to data from the International Lead and Zinc Study Group (ILZSG). Previously, the ILZSG reported a deficit of 100,500 tons in...
Nickel: JPMorgan owns the invalidated contracts at the LME

Nickel: JPMorgan owns the invalidated contracts at the LME

JPMorgan Chase & Co. owns the London Metal Exchange (LME) nickel contracts that turned out to be backed by bags of stones instead of metal. The LME announced it had cancelled nine nickel contracts, worth about $1.3 million, after discovering...
Critical raw materials: European recyclers support new recycling targets

Critical raw materials: European recyclers support new recycling targets

EuRIC, the European Confederation of Recycling Industries, expressed its position in a press release on the content of the European Commission's recently published proposal for critical raw materials, which is seen by EuRIC as a step in the right direction toward...
Nickel: new scandal for the LME

Nickel: new scandal for the LME

The London Metal Exchange (LME) has discovered in a Rotterdam warehouse bags of stones instead of the nickel that was the basis of a handful of its contracts, in a revelation that will deal another blow to confidence in the struggling exchange. The quantity of metal...