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Base metals like copper, aluminium, nickel and alumina are some of the world’s most frequently traded commodities. With so many forces bearing down on the base metals market, win-win outcomes for negotiations depend on the depth and breadth of your understanding of the market.
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ZK International Group intends to build a new mill in its native China, to capture a larger share of the demand for stainless and carbon steel pipe that is vitally needed for water and natural gas transmission in the nation’s immense infrastructure build-out.
Base metal prices were lower on the London Metal Exchange at the close of trading on Thursday April 19, despite aluminium volumes reaching a record-high 41,000 lots.
Good morning from Metal Bulletin’s offices in Shanghai as we bring you the latest news and pricing stories on Thursday April 19
Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Thursday April 19, with nickel and aluminium leading the gains on sanction-related concerns.
The latest news and price moves to start the Asian day on Thursday April 19.
Base metal prices on the London Metal Exchange surged higher at the close of ring trading on Wednesday April 18, with nickel recording the highest intraday price difference since 2009.
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