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Base Metal Prices Decline on the SHFE After White House Meeting
On the morning of Tuesday, August 19, prices of major base metals listed on the Shanghai Futures Exchange (SHFE) recorded modest changes, with predominantly declines. The trend was influenced by the cautious atmosphere following Monday's meeting at the White House...
Tariffs and Metal Prices Pressure the US Auto Industry
The core market for metals used by the automotive industry showed a period of stability in early August. Behind this seemingly marginal change lies a very complex picture: the US automotive sector is experiencing significant instability due to the impact of metal...
Chinese Nickel Pig Iron Prices Rise in Mid-August
Nickel pig iron (NPI) prices in China broadened upward in the week ending Friday, August 15, supported by increased restocking demand ahead of the traditional peak season and growing optimism among market participants. This was revealed by several industry sources...
African Rainbow Minerals Increases Stake in Surge Copper
South Africa-based African Rainbow Minerals (ARM), listed on the Johannesburg Stock Exchange, has increased its stake in Canadian junior Surge Copper by purchasing an additional 6.46% of the capital, equivalent to approximately 25.78 million shares. The shares were...