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ADC12 Aluminum Alloy Spot Prices At Seven Month Lowest In China Despite Monetary Stimulus
ADC12 aluminum alloy spot prices in China fell in early May to their lowest levels in seven months, reflecting weakness in aluminum futures contracts listed on the Shanghai Futures Exchange (SHFE). The Chinese market has shown signs of fatigue despite support measures...
Discounts On Copper Scrap In China In Contraction In April Amid Tariff Pressures And Falling LME Prices
Discounts applied to the import of copper scrap into China narrowed significantly in April, reflecting the bearish trend in three-month copper prices at the London Metal Exchange (LME) and increasing tariff-related pressures. At the same time there has been an...
Barrick Changes Name And Strategy: Focus Increasingly On Copper In An Unstable World
Barrick Gold Corporation, one of the global gold mining giants headquartered in Toronto, has announced a radical change in its industrial strategy: the company has decided to change its corporate name to “Barrick Mining Corporation” to reflect its growing commitment...
Nonferrous Metals Prices Up On Shanghai Futures Exchange Thanks To Positive Climate In U.S.-China Negotiations
All major nonferrous metals traded on the Shanghai Futures Exchange (SHFE) rose during the morning session on Monday, May 12, buoyed by renewed optimism related to trade talks between the United States and China. Markets reacted enthusiastically to news from Geneva,...