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SHFE Base Metals Little Changed, Tin Leads Declines Amid Supply Risks And Still-Uncertain Demand
Base metals listed on the Shanghai Futures Exchange moved within a narrow range in early trading on Thursday June 18, confirming a cautious, selective market still lacking a clear direction. Among the main contracts, tin recorded the worst performance, falling by more...
Hormuz Toward Reopening, But The Return To Normal Freight Conditions Will Be Slow
The possible signing of an interim peace deal between the United States and Iran at the end of the week could open a new phase for global freight markets. The agreement is expected to include a deal for the reopening of the Strait of Hormuz, potentially within thirty...
Sims Raises Earnings Expectations, Driven By Ferrous And Non-Ferrous Scrap
Sims Limited exceeded its previous financial guidance, supported by the strength of ferrous and non-ferrous scrap markets. The Australian recycling group, with a significant presence also in the United States, announced the update in a trading statement published on...
Battery Recycling In China, New Rules Push Black Mass And Recycled Cobalt Onto The Market
China’s regulatory tightening on the lithium-ion battery recycling sector is beginning to redraw the balance of the supply chain, increasing black mass flows and accelerating the release onto the market of lower-cost recycled cobalt units. The change comes in an...