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Base Metal Prices Decline on SHFE, Nickel Leads Losses
During the morning session on Monday, July 28, base metal prices traded on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline, with nickel recording the most significant decline of the day. At 10:30 a.m. Shanghai time, prices for the most traded...
German Energy Company SEFE Enters the Metals Sector With New Team in London
German energy company Securing Energy for Europe (SEFE) is preparing to enter the metals market, strengthening its diversification strategy. Commodity Evolution has learned that the company has hired two industry veterans, Paul Crone and Brandon Rust, to launch a team...
US Scrap Copper Discounts Remain Steady After Two Weeks of High Volatility
US scrap copper discounts remained largely unchanged in the week ending Thursday, July 24, after two weeks of sharp price swings driven by COMEX price volatility. According to market sources, the situation has shown signs of stabilizing, with greater clarity in price...
Molybdenum Oxide Prices Rise in Asia After Serious Mining Accident in China
The Asian molybdenum oxide market rallied sharply on Thursday, July 24, following a tragic accident at a copper and molybdenum flotation plant in China's Inner Mongolia Autonomous Region. According to Commodity Evolution, six university students lost their lives on...