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Decline In Zinc Treatment Charges: Chinese Market Under Pressure
Spot treatment charges (TCs) for zinc concentrates imported into China recorded a sharp decline in the mid-March pricing session, reflecting a progressive tightening of global supply. According to Commodity Evolution, spot TCs cif China stood at $0-10 per tonne on...
Steel Prices In India Rise: Limited Supply Supports The Market
The Indian steel market recorded a price increase in the week ending March 13, mainly supported by temporary supply constraints. Despite largely stable demand, production disruptions at several major mills have reduced material availability, creating conditions for...
South32 Shuts Down Mozal: A Turning Point For The Global Aluminium Market
Australian producer South32 officially confirmed on Monday March 16 the decision to place the Mozal aluminium smelter in Mozambique on care and maintenance, marking a crucial turning point for one of the group’s most important assets in Africa. The decision does not...
Alba Production Cuts: Aluminium Market Under Shock
Amid global geopolitical tensions, Aluminium Bahrain (Alba) has announced a decision set to leave a mark: the controlled shutdown of three production lines, representing 19% of its annual capacity. This equals more than 308,000 tonnes of production removed from the...