Market News
Nonferrous metals generally rose, Shanghai nickel rebounded nearly 1.6% black series steel continued

ASG 12, June 6, most of the non-ferrous metals market this morning, by midday Shanghai nickel rose nearly 1.6%, Shanghai copper Shanghai tin rose more than 0.2%, only Shanghai aluminum fell 0.5%.

Among them, lead, SMM survey results show that the primary, regeneration price difference maintenance certificate regeneration lead refinery weekly operating rate of 57.1%. Shanghai lead broken platform fell, but waste battery prices only slightly lower, mainly due to warm winter affecting battery replacement, resulting in limited supply of waste batteries in circulation on the market, but scale refineries in order to maintain profits, have to purchase raw materials "[SMM investigation] primary, recycling price difference to maintain the weekly operating rate of 57.1%

On the zinc side, it was reported in the morning that the Executive Committee of the Eurasian Economic Commission had issued a message that it had decided to impose anti-dumping duties on galvanized steel products originating in China and Ukraine. Based on the results of the investigation, the Eurasian Economic Commission made a final affirmative decision on anti-dumping and decided to impose an anti-dumping duty of 12%-17% on Chinese producers. Decided to impose an anti-dumping duty of 23.9 per cent on Ukraine's Mariupur-Ilyich Metallurgical Co., Ltd., and other producers. The anti-dumping duty is valid for five years and the relevant decision will take effect in 30 days' time. Eurasian Economic Commission imposes Anti-dumping Duty on galvanized Steel sheets in China