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Base Metals at SHFE Close Higher, Decisive Boost from Tin
The morning session on Friday, December 12th, at the Shanghai Futures Exchange (SHFE) opened on a high note for most base metals, confirming a climate of renewed optimism among traders. With the exception of lead and nickel, which showed slight declines, the sector...
Nigeria Considers a Pause on Lithium, But China Remains Indifferent: Why the Halt Doesn’t Scare Asian Markets
The decision—or rather, the proposal—to temporarily suspend lithium mining in Nigeria did not immediately raise alarm in Chinese markets. Yet, the African country is one of the most significant suppliers of spodumene, the rock from which lithium for batteries is...
US Scrap: Markets Stalled Amid Year-End, Global Caution, and Weak Demand
The US stainless steel scrap market spent the week ending Tuesday, December 9th, in a state of near-stationary stability, with prices barely moving a cent between categories. It's a classic year-end scenario: slowing demand, trading at a minimum, and operators...
CBAM, Europe Races Against Time: Brussels Revises Default Values Amid Errors, Industrial Pressure, and Regulatory Urgency
Just over twenty days before the final phase of the Carbon Border Adjustment Mechanism (CBAM)—the European Union's new climate tariff—enters into force, the Commission published a crucial update to the default values on November 30. These are the parameters that...