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Black Mass and Cobalt Market in Asia: Prices Rise Sharply Amid Limited Supply and Indian Export Blocks
The week ending Wednesday, October 29, 2025, saw a further surge in prices and payables for black mass—recycled material derived from spent batteries—driven by the rising price of cobalt and the blockade of Indian exports. Although the Democratic Republic of the Congo...
Northern Mexico: Rebar Prices Rise Amid Rebound Demand and CBAM Effect, Coils Remain Stable
The steel market in Northern Mexico showed positive developments in the week ending Thursday, October 30, 2025, with rebar prices rising thanks to a rebound in construction demand, improving weather conditions, and rising scrap costs. According to Commodity Evolution,...
Copper: European Premiums Rise for EQ Cathode, Stable for Grade A Despite LME Rally
In the second half of October 2025, the European copper market showed mixed results: while premiums for EQ (equivalent grade) cathodes increased significantly, those for Grade A copper remained essentially stable. The increase in EQ premiums paralleled a rally in the...
BHP and the Yuan Shift: Australia Enters the Era of Iron Ore De-Dollarization
A decision destined to leave a lasting impression on global commodity markets: BHP Billiton, the Australian mining giant, has agreed to settle 30% of its spot iron ore sales to Chinese buyers in yuan (RMB), breaking with the centuries-old tradition of using the US...