Base Metal Prices Diverge on Shfe, Copper Leads Gains as Inventories Fall, Commodity Tensions Continue
Prices of the most traded base metals on the Shanghai Futures Exchange (SHFE) showed mixed momentum in the morning session on Monday, May 26. While half of the contracts recorded slight increases, the other half saw small declines. Overall, however, changes were...
London Metal Exchange (LME) Will Be Closed On Monday 26 May 2025 For Bank Holiday
On Monday 26 May 2025, the London Metal Exchange (LME) will be closed for the UK Bank Holiday. As is traditional, the London-based non-ferrous metals exchange will suspend all trading for the day, including electronic trading and clearing activities. Trading will...
Aluminum Industry Leadership Changes: Ball Corp CFOs, Rio Tinto CEO Step Down
On May 22, Ball Corporation — a leading aluminum packaging company — announced that its CFO, Howard Yu, will step down, effective June 30, 2025. The news marks a significant transition for the Westminster, Colorado-based company, which has praised Yu’s contributions...
Global HRC Market: Downward Pressure in Europe, Uncertainty in China
Thursday, May 22, saw producers actively seeking orders in the European hot-rolled coil (HRC) landscape, but amid sluggish demand and downward pricing dynamics. According to market sources, Northern European Tier 1 mills offered HRC for July delivery at prices between...
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