U.S.-Iran Talks Collapse, Oil Prices Rise 2% Amid Strait of Hormuz Closure Threats

Crude oil fell for two consecutive weeks, overseas market metals broadly declined, LME zinc dropped over 2%, LME lead and LME nickel led the decline, and NY silver posted a six-week losing streak [Overnight Market]

[SMM Iron & Steel] Premium US Deep-Sea Ferrous Scrap Export Benchmarks Suffer $14/t Drop to Turkey

Southwest Aluminum Sets New Production Record, Automotive and Ship Plate Output Surges

[SMM Nickel Midday Review] Nickel prices plunged sharply on June 22 as U.S.-Iran negotiations broke down