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Top news, commentary and analysis on the China steel and other commodities markets.
Shagang Group (Shagang), China's leading privately-owned steel firm and the largest electric-arc-furnace steelmaker, has decided to hold its long-product list prices for sales over March 1-10 from the previous eight-day period, the company announced last Sunday.
Rio Tinto, a multinational producer of iron ore, aluminum, and copper, has halted negotiations with its Japanese customers on aluminum supply premiums for the second quarter, amid rising geopolitical uncertainties in the Middle East, according to media reports.
The most-traded GFEX lithium carbonate futures contract hit the daily limit down on March 3, 2026, with LC2605 closing the day session at Yuan 150,860 /tonne, with a settlement price of Yuan 157,560/tonne, an intraday loss of 12.99%. In addition, the open interest decreased by 38,732 lots. According
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