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China’s Nickel Pig Iron Prices Rise Thanks to Macroeconomic Policy Support
Nickel pig iron (NPI) prices in China increased slightly in the week ending Friday, July 25, driven by positive macroeconomic policies that revived market sentiment and led to increased supplies from producers. However, downstream demand has not yet shown significant...
Global Aluminum Premiums Show Mixed Movements in the Week of July 29
In the week of July 29, primary aluminum (P1020A) premiums saw mixed movements across regions, amid tight liquidity and limited supply in some key areas. In the United States, the US Midwest P1020A premium before depreciation rose to 70-72 cents/lb on Tuesday, July...
Base Metal Prices Decline on the Shanghai Futures Exchange: Zinc Leads Losses
During the morning session on Thursday, July 31, base metal prices on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline. No metal was able to avoid the downward pressure, with zinc suffering the sharpest decline. As of 10:30 a.m. Shanghai time, the...
Canada Diverts Primary Aluminium Away From U.S. After Tariff Surge
Canadian aluminium smelters have begun diverting flows of primary metal away from the United States following the sharp escalation in U.S. import tariffs — first increased to 25% in March, and then doubled to 50% in June under the Trump administration. Alcoa Corp,...