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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. US crude oil inventories reported an increase for the first time in a month, and US crude oil fell 2...

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%. Copper: The most-traded SHFE 2106 copper contract finished the day 0.94% lower at 68,720 yuan/mt. Open...

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-rolled coil climbed 0.41%. Copper: The most-traded SHFE 2106 copper contract finished the day 1.06% h...

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%. Copper: The most-traded SHFE 2106 copper contract finished the day 1.22% higher at 69,660 yuan/mt. O...

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 percentage points from a month ago to 84.5% as of April 15, SMM survey showed. The ferrous complex closed ...