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LME Closure for Summer Bank Holiday: Metals Markets on Pause Monday, August 25, 2025
Today, Monday, August 25, 2025, the London Metal Exchange (LME), the world's leading non-ferrous metals trading venue, will be closed for the Summer Bank Holiday, one of the most important national holidays in the United Kingdom. The holiday, which traditionally marks...
Zinc Premiums: Slight Rise in Italy, Stability in Asia and the US
During the August 19 pricing session, premiums for SHG zinc (99.995%) in Europe showed mixed dynamics. According to Commodity Evolution's weekly assessments, ex-works Rotterdam and ex-works Antwerp premiums remained unchanged at $250-280/ton, signaling a very quiet...
US-China Tariffs, Early Peak in Ocean Freight Rates and New Pressure on Global Markets
When the United States lowered its base tariff on Chinese imports from 145% to 30% for a period of 90 days in May, demand for transpacific shipping exploded. Companies witnessed a veritable rush by shippers, eager to get goods to the US before the August deadline. The...
BHP Considers Divestment of Western Australia Nickel Projects
Australian mining giant BHP announced in its 2025 results report released on August 19 that it is considering divesting its Western Australia (WAN) nickel projects. The decision comes amid growing difficulties for non-Indonesian producers, many of which have recently...