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Volatility On Shfe: Lead Dominates Among Base Metals
Base metal prices on the Shanghai Futures Exchange (SHFE) showed mixed results in the morning session on Wednesday, June 25. Lead was the standout performer, with the largest increase among the major metals traded. As of 10:30 a.m. (Shanghai time) on Wednesday, the...
Cobre Panama Partially Reopens With 120,000 Tons Of Copper Concentrate Departing
The Panamanian copper mine Cobre Panama, operated by Canadian giant First Quantum Minerals, is back in the news. After months of stagnation following the dramatic closure at the end of 2023, about 120,000 tons of copper concentrate are ready to leave the mine site....
Republican Bill Threatens Future of Renewable Energy in the United States
On June 16, 2025, Senator Mike Crapo, chairman of the U.S. Senate Finance Committee, unveiled legislation intended to be included in the GOP-sponsored budget reconciliation package, officially titled “One Big Beautiful Bill.” The bill, which has been strongly...
European Coil Market Increasingly Weak: Prices Falling and Demand in Hibernation
The European hot rolled coil (HRC) market continues to navigate rough waters, with a bearish trend that appears increasingly entrenched. Dominating the landscape are the structural weakness of demand, extreme caution on the part of buyers and a still high level of...