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Indonesian Nickel, New Rare-Earth Controls Block Exports
Indonesia’s nickel exports have entered a phase of significant uncertainty following the introduction of stricter controls on the presence of rare earths and radioactive materials in cargoes destined for international markets. The new procedures impose additional...
Tin Rallies In Shanghai: Falling Stocks And Artificial Intelligence Demand Support The Market
Base metals listed on the Shanghai Futures Exchange recorded a predominantly positive performance during the morning of Wednesday July 29, with tin clearly leading the gains. The most-traded contract for the metal rose by 1.68%, reaching 411,610 yuan per tonne,...
US Hot-Rolled Coil Above $1,170: Strong Demand And Limited Supply Support The Market
Hot-rolled coil prices in the US Midwest remain above $1,170 per short ton, supported by still-robust demand and limited availability of material for prompt delivery. The market recorded a slight daily correction on Monday July 27, but the benchmark remains above the...
India Reopens The Path To Polymer Banknotes: The RBI Launches A New Pilot Project
The Reserve Bank of India has started the process of introducing polymer banknotes into the national monetary system, reopening a project that was already tested unsuccessfully in 2012. The Indian central bank has invited international manufacturers to express their...