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Copper: prices decline reaching a first support area
LME copper fell sharply on Thursday, 11 May, dropping -3.70 percent, with prices set to suffer their biggest weekly decline since November, as gloomy global economic trends overshadowed the outlook for metal demand as supplies increased. Three-month copper on the...
Scrap and cast iron: the Italian market remains stagnant in April
The Italian cast iron market was mostly quiet in April. The holiday period and plant closures for maintenance work played a part in the market downturn. While most steelmakers expect their prices to fall, they are unwilling to adjust. The gap between prices in the...
Constellium Aluminium’s 3D printing powder has been approved for use in Formula 1
Aluminium foundry Constellium Aluminium said this week that its Aheadd CP1 aluminium additive manufacturing powder has been approved for use in Formula 1 racing cars starting next year. As a result, the company will work with Velo3D and PWR Advanced Cooling Technology...
May 1, 2023: LME exchange and Shanghai closed for holiday
The London Metal Exchange (LME) will be closed on May 1, 2023 for the International Labor Day holiday. Trading will resume regularly on May 2. The Shanghai Metal Exchange will be closed from May 1 until May 3, 2023. Trading will resume regularly on May 4, 2023. ...