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Base Metals Rebound in Shanghai: Momentum in Tin and Nickel Drives Market
The morning of Wednesday, November 19, began with a surprisingly positive sentiment for non-ferrous metals on the Shanghai Futures Exchange (SHFE). After days of intense volatility and fragile global sentiment, the entire sector showed signs of rebounding, with tin...
Chinese Steel Stalled: Exports Under Pressure and Domestic Market Frozen by Cold
During the week culminating on Tuesday, November 18, the Chinese steel market showed mixed performance, revealing in some ways a sector struggling to find a clear direction amid weak foreign demand, adverse domestic market sentiment, and fluctuations in futures on the...
A Monumental Discovery: China Unveils a New Dolomite Giant
The northwestern province of Gansu, China, is back in the spotlight following the announcement of one of the most significant mineral discoveries in recent years: a vast dolomite deposit estimated to hold approximately 700 million tons of metallurgical mineral...
Prices Fall in the Midwest: 304 Stainless Steel Scrap Loses Momentum in the United States
In the US market, particularly in the Midwest, where Pittsburgh, Pennsylvania, remains a major hub for stainless steel scrap collection and processing, the month ending November 12 showed clear signs of weakening for the 304 series. This is an area that has...