Ferro-Molybdenum Widens Its Range In Rotterdam Amid Renewed Buying Interest
The European ferro-molybdenum market showed renewed momentum on Friday January 16, with prices moving into a wider range in Rotterdam, supported by fresh buying activity from downstream consumers. Commodity Evolution’s daily assessment for ferro-molybdenum 65% Mo min,...
New Copper Smelting Capacity Advances Despite Historically Low TC/RCs
Global copper smelting capacity continues to expand, with more than 800,000 tonnes per year of new capacity moving steadily toward production readiness, despite treatment and refining charges (TC/RCs) sitting at historically low levels. According to Commodity...
China-Origin Metal Flows Reshape LME Stocks In December
China-origin metal flows had the largest impact on London Metal Exchange (LME) stock movements in December, according to the exchange’s latest country-of-origin data.While Chinese-produced tin and zinc helped ease tight supply conditions, outflows of China-origin...
Base Metals Ease On The SHFE: Nickel Leads Losses While Tin Rebounds
The morning session on Tuesday January 20 saw most base metals traded on the Shanghai Futures Exchange (SHFE) move lower, amid increasing caution among market participants. Nickel led the losses, while tin moved in the opposite direction, supported by strength in...
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