SMM High-Grade NPI Price Rises 21.1 Yuan/Nickel Unit WoW, Trading Volume Increases as Mills Resume Operations

Trump said that the US would end its military operations against Iran within “two to three weeks” and might reach an agreement with Iran before then.

China and Pakistan proposed a five-point initiative on restoring peace and stability in the Gulf and Middle East region: First, immediately cease hostilities; second, start peace talks as soon as possible; third, ensure the safety of non-military targets; fourth, ensure the security of shipping lanes; fifth, ensure that the UN Charter takes precedence.

[SMM Nickel Flash] March 31, the Russian government has extended the ban on exporting industrial sulfur until June 30, 2026, the government's press service reported. According to the signed decree, the restriction applies to the export of liquid, granulated, and lump sulfur. However, low-grade sulfur may be exported without restrictions, subject to confirmation from the Industry and Trade Ministry. The temporary restriction does not apply to shipments to Eurasian Economic Union member states, Abkhazia, and South Ossetia. Sulfur may also be exported for humanitarian aid, as part of international transit shipments, and to support the activities of Russian organizations on the Svalbard archipelago.