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Base Metal Prices Decline on the SHFE: Tin Leads the Decline
On Tuesday, July 29, most base metal prices traded on the Shanghai Futures Exchange (SHFE) declined, reflecting a cooling in macroeconomic sentiment. In particular, tin recorded the sharpest decline of the day, as traders are becoming more cautious and wait-and-see...
Green Li-ion and WMC Sign Strategic Agreement for Battery Material Recycling
Singapore-based battery materials recycler Green Li-ion announced that it has signed a binding off-take agreement with trading company WMC for the supply of high-purity nickel-cobalt-manganese hydroxide (NCM). The news was made public on Wednesday, July 23, and...
Increase in Treatment Costs (TCs) for Zinc Concentrate in China: Driven by Increased Foreign Supply
Treatment costs (TCs) for zinc concentrate imported into China have steadily increased in recent months, driven by increased supply from foreign mines. This was reported by several market sources contacted by Commodity Evolution. TCs represent the costs that mine...
EU-US Trade Agreement: Base Tariff at 15%, But Copper Remains Penalized
A new trade framework between the European Union and the United States was announced on Sunday, July 27, by President Donald Trump and European Commission President Ursula von der Leyen. The agreement provides for a uniform 15% tariff for most European exports to the...