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Aluminum: Global Prices Rise Amid Deficit Concerns and Weak Demand
Three-month aluminum listed on the LME traded sideways between August and September, but with a slight upward bias: +0.56% month over month. On the global market, aluminum prices reached their highest levels since the beginning of the year, signaling renewed supply...
Italian Pig Iron Market and Russian Exports: Firm Demand and Falling Prices
The Italian pig iron import market remained completely inactive in the week ending Thursday, September 18, crushed by weak demand and already abundant inventories. "Material ordered from various sources has already arrived in Italy, and stocks of Russian pig iron are...
Aluminum Billet Premiums: Pressure in Europe, Openings in Brazil
The European aluminum billet market experienced a challenging September, marked by declining premiums and increasingly aggressive competition from offshore markets. Local producers, already struggling with high production costs and reduced margins, are now forced to...
Spot Activity Still Limited in the Asian Copper Concentrate Market
Spot trading activity in the Asian copper concentrate market remained sluggish during the week ending Friday, September 19. Traders reported that concerns about Freeport's operations at the Grasberg mine in Indonesia continue to influence sentiment, especially ahead...