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Global Steel Production Declines: October Marks Another Setback
Global crude steel production continues to slow. According to the latest data released by the World Steel Association, the 70 countries monitored produced 143.3 million tons of steel in October 2025, a 5.9% decline compared to the same month the previous year. This is...
European P1020 Aluminum Premiums Rise Slightly, But Rotterdam Remains Stuck
The last week of November offered a complex, yet slightly more buoyant, picture for P1020 aluminum premiums in Europe. Nearly all markets posted small gains, while Rotterdam—the historical benchmark for physical trading—remained trapped in a stable price range,...
Chinese Cobalt Intermediate Imports Collapse: A Market on Alarm
At the heart of the global cobalt supply chain, one figure has set off alarm bells: Chinese imports of intermediates plummeted in October, extending a downward trend that now appears structural. This is according to the latest data from the Chinese General...
Base Metals Rebound at SHFE While Nickel Leads the Gains
At the heart of the session on Wednesday, November 26, the Shanghai Futures Exchange (SHFE) offered a decidedly brighter picture than in previous days: nearly all base metals were on the upside. The only exception? Aluminum, which lagged slightly, unable to catch the...