Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.
Base metals Blister copper refining charges (RCs) in China edged down in May as spot tonnages were sought following the recent shutdown of several domestic primary smelters and a continued fall in copper scrap imports.The European Commission (EC) has encouraged all non-EU countries affected by the "illegal" Section 232 tariffs, imposed by the United States on steel and aluminium imports, to follow its lead and file their own complaints with the World Trade Organization (WTO).The volatility in global copper stocks this year has benefited trading volumes across both the Chicago Mercantile Exchange (CME) and Shanghai Futures Exchange, while the London Metal Exchange's inventory has fluctuated widely and dropped to a four-month low this week.The imposition of tariffs by the United...