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Copper And Zinc Follow Opposite Routes Between China And Southeast Asia
Asian copper and zinc markets are going through a phase of growing divergence. In China, increasingly limited copper cathode availability has triggered renewed buying, pushing Shanghai premiums to their highest levels in years. In zinc, by contrast, import arbitrage...
Strategic Metals, Chinese Exports Collapse And Redraw Global Trade Routes
Chinese exports of some of the most strategic metals for electronics, defense, renewable energy and advanced technologies suffered a sharp contraction in June. After the recovery observed in May, gallium and germanium shipments almost stopped, while indium, bismuth...
Hydro Doubles Recycling Earnings And Turns Billet Scarcity Into Record Margins
Aluminium recycling is assuming an increasingly significant role in Norsk Hydro’s industrial results. In the second quarter, adjusted earnings from standalone recycling activities more than doubled, supported by strong US margins, improving European conditions and...
Refined Metals In Europe, Zinc And Tin Rise While Copper And Nickel Remain On Hold
The European refined-metals market has entered the heart of summer following increasingly divergent paths. While copper and nickel remain blocked by weak seasonal demand and reduced liquidity, zinc and tin premiums continue to strengthen under the pressure of...