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Shanghai Futures Exchange Metal Prices Decline Amid Fed Rate Cut Expectations and Weak Chinese Data
The morning of Wednesday, September 17, saw a broad-based decline in base metal prices listed on the Shanghai Futures Exchange (SHFE), as traders awaited the US Federal Reserve's interest rate decision later that day. As of 10:30 a.m. in Shanghai, the most traded...
Metal Premiums in Europe and the United States: Changing Dynamics Amid Limited Supply and Weak Demand
The European P1020A primary aluminum market saw a renewed increase in premiums in the week ending September 16, with values rising especially in Rotterdam warehouses. Commodity Evolution estimated the in-whs Rotterdam duty-paid premium at $225-250/t, slightly higher...
Assofermet Sounds the Alarm: Risk of Crisis for the Metals Supply Chain With New EU Measures Starting in 2026
Assofermet, the Italian association representing distributors of scrap, raw materials, and steel, has issued a clear warning: the European metals supply chain risks facing serious difficulties starting in 2026, the year new EU rules come into force. In a statement on...
Billet Market Stalled
The billet market continues to show signs of stagnation. According to market participants, there is an almost total lack of demand. The main reason is that most buyers had already secured their supplies with Chinese material before the summer break, with arrivals...