Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday, with weakness in the dollar buoying most of the complex. The Chinese antimony market showed signs of softening in the week ended December 26 after some domestic suppliers began to cut their offer prices in an attempt to entice buyers to do business and generate cash before the end of the year.
Feeding and trial production at Zhuzhou Smelter’s new zinc project located in Shuikoushan, Hunan province started on December 26, Fastmarkets MB learned.
The domestic rebar price in Turkey has continued to weaken in line with poor demand, sources said on December 27.
The Turkish deep-sea scrap import market remained mostly quiet on December 27 due to the holiday period being observed in most regions.
