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Copper Hits All-Time Highs in London
Copper is back in the spotlight. On Wednesday, October 29, the three-month price on the London Metal Exchange (LME) reached a new all-time high of $11,200/t, quickly surpassing the previous record of $11,104.50/t set in May 2024. The session saw repeated trading above...
Metals Markets Rebound After Fed Rate Cut
The mood has changed in Shanghai. On the morning of Thursday, October 30, base metals on the Shanghai Futures Exchange (SHFE) began to rise, boosted by the US Federal Reserve's second rate cut of the year and renewed optimism about possible progress in US-China trade...
US Lead and Zinc Scrap Rises: Asian Exports Support Prices, but Market Remains Balanced
In the US lead scrap market, prices remained stable in the week ending Tuesday, October 28, despite recording a slight increase of about half a cent per pound compared to the previous week. Market sources told Commodity Evolution, who believe the trend is due to a...
US, The New Race for Rare Earth Magnets: Between Recycling, Industrial Security, and Competition with China
At the E-Scrap Conference in Grapevine, Texas, the spotlight was on a new strategic challenge for the United States: building a domestic supply chain for rare earth magnets, essential for electric vehicles, wind turbines, and advanced defense systems. The topic is not...