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China, Coking Coal Pushes Rebar Higher But Demand Remains Fragile
Steel rebar prices increased in China’s domestic market on Friday August 14, supported by the sharp rise in coking coal futures and the return to purchasing by some traders. Behind the recovery, however, remains a still-weak physical market, restrained by rainfall and...
Indonesia, A National Exchange To Transform Resources Into Pricing Power
Indonesia aims to inaugurate its own minerals and strategic commodities exchange by January 1, 2027. The objective declared by President Prabowo Subianto is ambitious: to build national reference prices for the main exported commodities and transform the country from...
British Scrap, August Freezes Prices While Exports Provide Support
Steel scrap prices destined for the British domestic market remained unchanged in the August negotiations. Seasonal purchasing weakness was offset by regular material availability and the strengthening of export quotations, creating a balance that neither side had an...
Base Metals In Red In Shanghai: Tin Leads The Losses As Stocks Rise
Broad selling moved through the entire base-metals complex on the Shanghai Futures Exchange during the morning of Tuesday August 18. Tin recorded the sharpest decline, followed closely by copper, in a session affected by geopolitical uncertainty, energy-related...