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Base metals prices were higher on both the LME and the SHFE this morning, Friday September 10, with the broader markets also up. Additionally, metals that were previously looking vulnerable now look less vulnerable, suggesting traders are still comfortable being exposed to the metals.
Brazil will produce 85.7 million mt of corn in 2020/21, 16.4% lower on the year as weather disruptions slashed second crop…
Traditional relationships between prime steel scrap and lower-grade material in key Asian markets have shattered over recent months, market sources told Fastmarkets in early September 2021.
Steelmakers in the United States and the United Steelworkers (USW) union warned that a potential US accord with the European Union to end the dispute resulting from the former President Donald Trump administration’s Section 232 steel and aluminium tariffs could boost imports from Europe and hurt the domestic industry.
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