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Copper: price nears 15-month highs thanks to reduced supply
The price of copper touched 15-month highs thanks to tightening supply and a recovery in global manufacturing activity. Prices have risen nearly 10% this year as disruptions at major mines threaten production of the refined metal at Chinese plants that account for...
Nickel: prices recover amid weak stainless market
Nickel prices continued to rise during the first half of March, taking a temporary break from their long-term downward trend. However, prices peaked on 13 March, reaching their highest level since October 2023. Afterwards, the rally collapsed and prices went back...
Wire rod steel: exports from Turkey increased by 121.9% in January-February
According to data provided by the Turkish Statistical Institute (TUIK), Turkey's wire rod exports reached 144,273 tonnes in February this year, a monthly increase of 107% and an annual increase of 186.2%. Revenues from these exports amounted to $90.55m, up 111.5%...
Gallium: price more than doubled after Chinese export ban
Gallium prices are close to their highest since 2011 as export restrictions imposed by China reduce global supply and hurt buyers of the metal used in a range of high-tech applications. Last year, Beijing subjected gallium and germanium to tighter government control,...