The Supply Of Recycled Metals Is Under Pressure, And The Metal Industry Is Seeking A Way Out.

In the current context of the constantly evolving global economic landscape, the metal industry on NiuBan.com is also undergoing numerous changes and developments. A series of recent dynamics have attracted attention from all sides. Please provide the text you would like translated.
From a macro perspective, the non-ferrous metals industry is facing a complex situation amid the uncertainties of global economic recovery. On the one hand, metal demand is subject to fluctuations due to economic conditions. On the other hand, stricter environmental policies, resource tax reforms, and increased difficulty in mining have all contributed to rising industry costs. However, there are also positive signs recently. Currently, interest rate futures have priced in expectations of three interest rate cuts by the Federal Reserve this year, totaling 75 basis points. As one of the few industries that can significantly benefit from overseas inflation, the non-ferrous metals industry, including precious metals, industrial metals, and strategic metals, is expected to enter a bull market. Please provide the text you would like translated.
In terms of precious metals, gold and silver have performed well. This week, COMEX gold and silver closed at $3646.3 and $42.3 per ounce respectively, rising by 0.9% and 2.9% respectively compared with the previous week. Signs of weakness in the US job market are evident. The preliminary benchmark revision of non-farm employment for the year was reduced by 911,000, and the number of initial jobless claims in the week ending September 6th reached 263,000, rising significantly compared with the previous week. Meanwhile, the US CPI and core CPI in August rose by 0.4% and 0.3% respectively on a month-on-month basis, with the core CPI remaining flat as expected. With the Federal Reserve meeting approaching next week, the market expects about three interest rate cuts this year. Against this backdrop, the Federal Reserve is expected to cut interest rates soon, and the subsequent weakening of monetary policy independence and policy uncertainty provide support for the rise in gold prices. We are optimistic about gold prices continuing to reach new highs. In addition, silver has been proposed to be included in the USGS list of critical minerals, and its price elasticity is also expected to be good. Relevant companies such as Shandong Gold, Shandong Gold International, and China Gold are worth paying attention to. Please provide the text you would like translated.
Industrial metals also showed diverse trends. Copper prices rose, with LME copper closing at $10,064.5 per ton this week, up 2.0% from last week, and Shanghai copper closing at 81,360 yuan per ton, up 1.7% from last week. On the supply side, copper concentrate TC remained low. Freeport's Grasberg underground mine suspended mining operations due to an accident, and negotiations related to the Panamanian copper mine began, with plans to resume operations at the end of 2025 to early 2026. On the demand side, the operating rates of copper rods and copper cables enterprises were 67.53% and 67.62% respectively this week. Some downstream cable enterprises actively replenished inventories. With the arrival of the traditional peak season of "Golden September and Silver October", consumption expectations are positive, and a price increase during the peak season is expected. There were also corresponding changes in inventory. Aluminum prices rose strongly. As of September 12, LME aluminum closed at $2,701 per ton, up 3.78% from last week, and Shanghai aluminum closed at 21,285 yuan per ton, up 2.95% from last week. The combination of favorable macroeconomic conditions at home and abroad and a reversal in fundamentals led to high operating capacity of domestic electrolytic aluminum and a further increase in the proportion of aluminum water. On the demand side, with the arrival of the traditional peak season, the operating rates of various downstream sectors in China have rebounded. Regarding tin prices, as of September 12, the main contract of Shanghai tin was 273,180 yuan per ton, up 0.5% from the previous period. Due to slow resumption of production in Wa State and other factors, the supply of tin ore remains tight in the short term. Please provide the text you would like translated.
In the strategic metals sector, the prices of rare earths have fluctuated. As of September 12th, the spot prices of praseodymium-neodymium oxide and terbium oxide were 572,500 yuan/ton and 7,175,000 yuan/ton respectively, with a week-on-week decline of 1.3% and 2% respectively. Since June, the demand for magnetic materials both domestically and internationally has continued to improve. Considering the current tight supply of praseodymium-neodymium oxide in the spot market, the relatively low inventory of downstream industries, and the potential implementation of the short-term white list, the supply of light and heavy rare earths is expected to tighten significantly, which will provide a considerable upward space for future prices. The price of cobalt has been fluctuating upward. This week, the price of cobalt metal, according to SMM's spot price, was 273,000 yuan/ton. The three-month extension of the cobalt export ban in the Democratic Republic of the Congo, which was due to expire on September 22nd, has an uncertain progress and may be further extended, which will further intensify the tight supply situation of cobalt raw materials. Please provide the text you would like translated.
At the enterprise level, Shenzhen Zhongjin Lingnan Nonferrous Metals Co., Ltd. plans to issue additional shares to its controlling shareholder, Guangdong State-owned Assets Supervision and Administration Commission, to raise funds for working capital and to repay bank loans, in order to alleviate the operational pressure under the backdrop of a weak industry sentiment. Meanwhile, the global leader in rare and dispersed metals, XianDai Technology Group, has made a move in Jingzhou. Its 20-billion-yuan project has achieved a wave-like advancement of "Phase I production, Phase II topping out, Phase III commencement, and Phase IV signing", which will drive the development of related industries in the local area. Please provide the text you would like translated.