In July 2024, ahead of the Union Budget, Indian aluminium producers had asked for an import duty hike on aluminium scrap to 7 ...

LME copper opened at $9,009.5/mt overnight, with the initial focus dropping to $8,958/mt.

Macro side, the US dollar index dropped back slightly, easing the pressure on base metals, leading to a rebound in LME lead.

Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...

Overnight, LME zinc opened at $2,953/mt. After a brief consolidation around the daily moving average, the focus shifted to around $2,965/mt. During European trading hours, it peaked at $2,984/mt, then ...

On Friday, November 15, China’s finance ministry declared its plan to reduce or cancel export tax concessions for a wide range of commodities, including aluminium. As per the report, the measure will ...

SMM data shows that the national production of copper rod produced with copper cathode in February totaled 503,900 tons, a decrease of 300,600 tons from January, and the operating rate was 39.44%, a ...

SHFE tin continued to rise during the night session, and the spot market is expected to cool down [SMM Tin Morning News Nov 19] ...

In last week's international situation, fluctuations in the US dollar exchange rate became a significant factor affecting the metals market, including SHFE tin prices.

On November 15, the national port nickel ore inventory slightly decreased by 62,000 wmt to 10.31 million wmt compared to November 8.

Chinese smart electric vehicle maker XPENG recently entered into a partnership with International Motors Ltd. (IML), a renowned automotive dealer group in Europe, according to a post on XPENG's WeChat ...

According to the latest survey data from SMM, refined nickel inventory in the bonded zone was 4,300 mt last week, up 700 mt WoW. SMM data shows that social inventories of zinc ingots across seven ...