Aluminum stocks in China’s five major markets, including SHFE aluminum stocks, continued growing even after hitting near five-year high, SMM statistics showed.
Prices for Taiwanese containerized HMS # 1&2 80:20 imports advanced by $04 a ton to $253 a ton during the week ended June 30.
All tin smelters in Gejiu have closed down from July 26 with sulfur dioxide exceeding standard in air.
According to preliminary data published by the Census Bureau, the US imported a total of 3,868,245 net tons (NT) of steel in June this year. This includes 2,941,020 NT of finished steel.
Spot discounts for regular #0 zinc narrowed 10 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 27.
he Chinese copper scrap prices surged higher on ScrapMonster Price Index as on July 26th, Wednesday.
The daily scrap gold and platinum prices - hallmarked and non- hallmarked declined Wednesday, 26th July, 2017 on the ScrapMonster Price Index.
Steel output by the Middle East region surged higher by 9.4% over the previous year. Africa and Middle East regions recorded year-on-year growth of 5.5% and 4.5% respectively.
Gold prices were trading slightly lower in afternoon trading Wednesday.
In a statement released by the Federal Reserve today, members said they would, as expected, leave the current Federal Funds rate unchanged.
Rumor has it Shandong will slash aluminum output by over 2 million tonnes, SMM understands.
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