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Russian Oil, Trump Suspends New Tariffs: India And China Gain Relief, But The Energy Balance Remains Fragile
The White House has waived the implementation of new sanctions against buyers of Russian energy, avoiding for now additional tariffs of up to 100% on major trading partners. India and China gain greater freedom in procurement, while Washington seeks to contain...
Industrial Metals Rise In Shanghai: Nickel Leads The Recovery, But Demand Remains Weak
Non-ferrous metals opened the week of October 19, 2026, mostly higher on the Shanghai Futures Exchange (SHFE), with nickel leading the recovery, up 1.45% after losses in the previous week. Copper, aluminium, zinc and tin posted smaller gains, while lead moved in the...
Copper Concentrates, TCs Hit Record Low Of Minus $278: Chinese Smelters Hold Back Ahead Of LME Week
The global copper concentrates market is entering LME Week with an increasingly difficult contradiction: Chinese smelters are slowing spot purchases just as the economic cost of scarce feedstock continues to intensify. On Friday October 16, the Asia-Pacific CIF...
Non-Ferrous Scrap In Mexico, Copper Rises On Industrial Demand While Aluminium Remains Uncertain
Mexico’s scrap market is not moving in a single direction. In the week ended Wednesday October 14, copper scrap continued to gain ground, supported by domestic industrial demand and higher international quotations. For secondary aluminium, by contrast, the picture is...