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Base Metals SHFE: Nickel Leads Gains Amid Supply Concerns
The morning session on April 29 at the Shanghai Futures Exchange showed a mixed picture for base metals, with a generally positive trend interrupted only by copper’s weakness. The market moved in a context of increasing focus on supply-side factors, which are...
Ferrous Scrap: Between Export Momentum And Stability In The US Domestic Market
The global ferrous scrap market is currently in a transitional phase, caught between rising export prices and surprising stability in the US domestic market. The final weeks of April have outlined a complex picture, where logistics dynamics, industrial demand and...
US Steel Production: Annual Growth With Signs Of Short-Term Slowdown
The US steel sector continues to show a complex dynamic, with data highlighting year-on-year growth but a slight short-term slowdown. According to the American Iron and Steel Institute, crude steel production reached 1.83 million net tons in the week ending April 25,...
TCs Fall For Zinc And Lead: Smelters Under Pressure Amid Tight Supply And Negative Margins
The zinc concentrate market continues to show signs of strong tension, with treatment charges (TCs) declining further in the second half of April. The trend reflects persistent tightness in the spot market and increasingly intense competition among Chinese smelters....