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SHANGHAI, Apr 22 (SMM) – SHFE nonferrous metals closed mixed on Thursday April 22. Aluminium, the best performer, rose 0.61%, lead advanced 0.16% and copper went up 0.3%, while zinc edged down 0.63%, tin fell 0.67% and nickel weakened 0.47%. The ferrous complex closed mixed. Rebar advanced 0.97%, hot-rolled coil rose 2.3%, while iron ore fell 0.46%. Copper: The most-traded SHFE 2106 copper contract finished the day 0.3% higher at 69,150 yuan/mt. Open interest rose 5,414 lots to 175,681 lots. ...

SHFE nonferrous metals broadly fell on Wednesday April 21 as pandemic concerns weighed on sentiment SHANGHAI, Apr 21 (SMM) – SHFE nonferrous metals broadly fell on Wednesday April 21 as pandemic concerns weighed on sentiment Zinc led the losses and slumped 1.7%, copper slipped 0.94%, nickel eased 0.21%, aluminium lost 0.69%, tin went down 0.53% and lead decreased 0.33%. The ferrous complex rose across the board. Iron ore increased 1.38%, rebar rose 1.45%, and hot-rolled coil climbed 1.69%. Co...

SHFE nonferrous metals closed mixed on Tuesday April 20 as China kept its benchmark lending rate unchanged. SHANGHAI, Apr 20 (SMM) – SHFE nonferrous metals closed mixed on Tuesday April 20 as China kept its benchmark lending rate unchanged. Lead, the best performer, rose 1.56%, aluminium advanced 0.11% and copper went up 1.06%, while zinc edged down 0.66%, tin fell 0.01% and nickel weakened 0.83%. The ferrous complex rose across the board. Iron ore increased 3.58%, rebar rose 1.18%, and hot-r...

SHFE nonferrous metals rose for the most part on Monday April 19, mirroring trading in global markets. SHANGHAI, Apr 19 (SMM) – SHFE nonferrous metals rose for the most part on Monday April 19, mirroring trading in global markets. Tin, the best performer, rose 1.4%, copper advanced 1.22%, lead went up 0.83%, zinc climbed 0.57% and aluminium gained 0.05%, while nickel fell 1.28%. The ferrous complex closed mixed. Hot-rolled coil decreased 0.54%, rebar slipped 0.95%, while iron ore rose 0.81%. ...

SHFE nonferrous metals rose for the most part on Thursday April 15 with earnings and inflation in focus. SHANGHAI, Apr 15 (SMM) – SHFE nonferrous metals rose for the most part on Thursday April 15 with earnings and inflation in focus. Aluminium, the best performer, rose 2.78%, copper advanced 2.64%, lead went up 0.2%, zinc climbed 1.17% and tin gained 1.18%, while nickel fell 0.26%. Operating rates of blast furnaces at steel mills rose 0.5 percentage point from a week ago and fell 2.48 percen...

SHFE nonferrous metals rose for the most part on Wednesday April 14. SHANGHAI, Apr 14 (SMM) – SHFE nonferrous metals rose for the most part on Wednesday April 14. Aluminium, the best performer, rose 1.82%, copper advanced 0.47%, lead went up 1.19% and tin gained 0.08%, while nickel fell 0.35% and zinc dropped 0.23%. The ferrous complex closed mixed. Rebar advanced 1.07%, hot-rolled coil rose 1.23%, while iron ore fell 0.39%. Copper: The most-traded SHFE 2106 copper contract finished the day 0...

SHFE nonferrous metals broadly fell on Monday April 12, tracking global sentiment.

SHFE nonferrous metals broadly fell on Friday February 26 as global markets are roiled by a sudden spike in bond yields, which sent investors fleeing highly valued segments of the market.

SHFE nonferrous metals closed higher across the board on Thursday February 22, as global markets jumped following reassuring comments from Federal Reserve Chairman Jerome Powell on the inflation outlook. SHANGHAI, Feb 25 (SMM) – SHFE nonferrous metals closed higher across the board on Thursday February 22, as global markets jumped following reassuring comments from Federal Reserve Chairman Jerome Powell on the inflation outlook. Aluminium was the best performer with a rise of 5.05%. Copper su...

SHFE nonferrous metals rose for the most part on Tuesday February 23 with economic recovery prospects in focus.