Nickel drama spurs Chicago exchange bid to grab trading From LME

Meanwhile, steel mills across the country continue to run.

Industrial output in China contracted at its sharpest pace in 30 years in the first two months of 2020.

Most of Hydro's operations are running at normal production levels.

The global aluminum industry has a terrible record of responding to demand shocks.

Every day, agents print ownership certificates for metal in warehouses as far away as South Korea.

Company previously planned to launch the smelter in late 2020.

Donald Trump declined to say whether he would impose steel and aluminum tariffs on the South American country.

Copper stockpiles rose 4.1% to 310,760 tonnes this week, while zinc inventories were up 11.8%.

Bloomberg Commodity Index slid for a fifth session Friday, in the worst performance since September 2011.