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Chinese Stainless Steel, Nickel Costs Support The Domestic Market But Exports Remain Weak
Stainless steel prices in China’s domestic market recorded a moderate increase in the week ended Wednesday July 22, supported mainly by concerns over rising production costs. The export market instead followed the opposite direction, with quotations declining because...
Two Straits Under Pressure, But Container Rates Begin To Fall
The logistics crisis in the Middle East is widening just as the container market shows its first signs of cooling after months of increases. The Strait of Hormuz continues to be crossed by an extremely limited number of vessels, while the Houthi threat against traffic...
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...