On the 28th, Israeli defense minister KATZ said in an interview that US fighter jets and tanker aircraft have been taking off from Israeli military bases to conduct strikes on Iran. He said Iran "is well aware" and claimed Tehran "has been firing at all targets except Israel," arguing this demonstrates Israeli "deterrence."

Traders in Taizhou, Zhejiang report sustained copper price gains and acute demand for high‑purity scrap; premium scrap consignments are being bought the moment they arrive. Dealers are dismantling motors, cables and radiator units and sorting metal streams to meet downstream appetite. Demand expansion from EVs, AI and other industrial users, combined with constrained growth in primary copper smelting capacity, is broadening demand for recycled copper and creating opportunities in China’s scrap recovery market. Chinese recycled-copper products are also attracting overseas buyers on the back of lower carbon intensity, lower energy use, stable quality and traceable carbon footprints.

China's CSI 500 index futures (IC) most-active contract fell 3.00% intraday to 7,375.4; CSI 1000 index futures (IM) most-active contract dropped over 2.00% to 6,964.4.