Middle East | Disruption Continues to Reshape Metals Trade

Shipping constraints, sanctions and policy changes continued to disrupt commodity flows across the Middle East. The UAE’s indefinite suspension of...

Global | Iron Ore Retreats as Weak Mill Margins Limit Buying

Seaborne iron ore prices eased after the previous session’s rally, with the 62% Fe index falling to $98.73 per dmt...

Libyan | Steel Halt Threatens MENA HBI Supply

Libya ordered LISCO to suspend steel production and redirect its captive electricity generation to the national grid amid severe power...

Global | Chrome Ore Strengthens Despite Weaker Ferro-Chrome Market

South African UG2/MG chrome ore rose to $286 per tonne CIF China due to firm smelter demand and expectations of...

EURO | Considers 15% Aluminum Scrap Export Duty

The European Commission was expected to present plans for a possible 15% aluminium scrap export duty in September. Such a...

Indonesia’s | PT Smelting Restarts Copper Operations

PT Smelting restarted its production line on August 24 following approximately two weeks of maintenance after a converter-furnace leakage incident...

Chinese | Ferrous Markets Rally on Higher Coke and Coking-Coal Costs

Chinese HRC, rebar, iron ore and coking-coal prices rose as a second coke-price increase of 100-110 yuan per tonne strengthened...

China | Manganese Market Stabilizes as Chinese Alloy Prices Rise

Seaborne semi-carbonate manganese ore held at $4.12 per dmtu, while the high-grade index edged up to $4.84 per dmtu. Chinese...

Chinese | Lithium Prices Extend Gains on Strong Spot Demand

Battery-grade lithium carbonate rose to 152,000-156,360 yuan per tonne, supported by rapid destocking, low inventories and healthy battery-sector demand. Futures...