Overnight, ferrous metals all fell, with iron ore down 0.58%, stainless steel down 0.27%, rebar down 0.16%, and hot-rolled coil up 0.09%. Coking coal and coke: coking coal fell 0.24%, coke fell 0.18%.
Peter Grant, Vice President and Senior Metals Strategist at Zaner Metals, said: "The reopening of the strait is a pivotal event. With oil prices under pressure, this is expected to ease inflation ...
April is 0.5%, and the probability of maintaining the interest rate unchanged is 99.5% (unchanged from this morning). The probability that the Fed will cut interest rates by 25 basis points by June is ...
The strategist said that four out of five economic scenarios point to further currency debasement, and gold prices could rise to $8,000 per ounce by 2027 as a result. Spot gold and gold futures were ...
McGlone's bearish expectations come as the market digests the Silver Institute's annual report, which forecasts this year's annual silver deficit at 46.3 million ounces. However, as silver consumption ...
Industrial metal prices on the London Metal Exchange (LME) surged to a record high, driven by rising aluminum prices after the Middle East war disrupted supply, as well as a recent recovery in copper ...
On April 16 (Thursday), the DRC, through a state-backed marketing agency, increased the volume of copper it plans to sell to the US to 500,000 mt, a fivefold increase from its initial commitment in ...
SHFE aluminum 2605 fluctuated downward in the morning session, but overall aluminum prices remained at high levels. Influenced by downstream stockpiling on Friday, overall market purchasing sentiment ...
LME Lead 3M Extended Gains from the Previous Session and Stayed Firm around the $1,950-1,960/t range
As of 17 April, Asian trading session opening in a tight but gradually strengthening range during the early tradin ...
SHFE copper 2605 contract closed at 102,290 yuan/mt. Based on the BC copper 2605 contract price of 91,010 yuan/mt, its after-tax price was 102,841 yuan/mt. The price spread between the SHFE copper ...
DCE iron ore futures trended stronger today. The most-traded contract I2609 ultimately closed at 778.5 yuan/mt, up 0.39% from the previous trading session. Spot prices fell 3-5 yuan/mt from the ...
On April 16, Leap Motor D19 was officially launched, offering 7 car models with a selling price range of 219,800–269,800 yuan. As the first car model ...
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