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Base Metal Prices Decline Widespread on the SHFE
In the morning session on Friday, August 8, all major base metals listed on the Shanghai Futures Exchange (SHFE) recorded declines, with nickel recording the sharpest decline. At 10:30 a.m. Shanghai time, prices for the most traded contracts for September delivery...
Italian Steel Market: Rebar Under Tension, Ingots Frozen Amid Uncertainties and Contradictions
The Italian steel industry is experiencing a two-way traffic during this final stretch of summer: on the one hand, the rebar market is showing signs of strengthening, driven by supply tensions; on the other, the ingot and forged products market remains anchored to...
Italian Tube and Special Long Products Market: Partial Recovery, Widespread Uncertainty, and Expectations for a September Rebound
The Italian steel sector, in the middle of the summer, presents a mixed picture, with signs of a selective recovery, cautious expectations, and still-fragile market dynamics, both in terms of domestic demand and external pressures. With welded tubes experiencing a...
Chinese Alumina Market: Calm After Peak, Awaiting Regulatory Clarity
Despite initial concerns about a potential supply shortfall, most Chinese alumina market participants expect limited short-term impacts from the Chinese government's recent announcements regarding stricter production controls. Commodity Evolution has learned that over...