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Widespread Price Increases in Base Metals on the SHFE: Tin Leads the Gain
During the morning trading session of Friday, July 18, most base metals listed on the Shanghai Futures Exchange (SHFE) recorded price increases, with the sole exception of lead. Among all base metals, tin posted the strongest performance in percentage terms,...
Steel Rebar: Signs of a Rebound After a Long Decline
After months of continuous decline, the Italian steel rebar market is showing the first signs of a rebound, albeit still timid and limited. In recent weeks, base prices have partially recovered, in response to strategic initiatives adopted by some producers. At the...
Aluminum Inventories Hit Record Lows in Rotterdam Despite Weak Demand
Aluminum inventories in warehouses in Rotterdam, the Netherlands, reached a new record low in June, reaching approximately 500,000 tonnes. This is surprisingly low, especially considering that demand in the region remains sluggish. This was reported by market sources...
All-Time Record at Oyu Tolgoi: Copper Production Accelerates Sharply
Rio Tinto, the Anglo-Australian mining giant, expects global copper production for 2025 to be at the upper end of its annual guidance (780,000–850,000 tonnes), driven by exceptional 65% year-on-year growth in the second quarter at Oyu Tolgoi, Mongolia. In Q2 2025,...