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Aluminum: there are no more barriers for a +4.50% ascent
Looking at aluminum prices, there seems to be no more obstacles for a rise of +4.50%, between current prices and the highs recorded on 18/10/2021 at $ 3,228.50/mt. A price extension of at least +4.50% from current prices of $3091/mt to the $3,228.50/mt area is then...
China’s economy will face more uncertainty in Q1 2022
According to the National Development and Reform Commission (NDRC), in the first quarter of 2022, China’s economy will face more uncertainties, and as countermeasures, the Chinese government will advance the implementation of some policies, the progress of some...
Non-ferrous metals: session in strong recovery
Today’s session shows an excellent performance for non-ferrous metals, with nickel showing a daily growth of +3.69%, followed by tin +1.84%, copper +1.61%, lead +1.34%, zinc +1.08% and aluminum at +0.80%. Stay updated with Commodity Evolution to follow in detail...
Rare earth: U.S. bill would prevent their use by defense contractors
A bipartisan piece of legislation introduced in the U.S. Senate Friday would force defense contractors to stop buying rare earths from China by 2026 and use the Pentagon to create a permanent stockpile of the strategic minerals. The bill is the latest in a series...