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Primary Aluminum Premiums: Mixed Global Trends Amid Shortages and Regulatory Uncertainty
In the week ending Tuesday, August 19, P1020A primary aluminum premiums showed a diverging trend internationally. Some regions saw increases due to limited metal availability, while others saw stability or weakening, driven by uncertainty surrounding tariffs and...
Base Metals Decline at SHFE: Cautious Sentiment and Focus on Geopolitical Tensions
Base metal prices on the Shanghai Futures Exchange (SHFE) declined in the morning session on Wednesday, August 20, with all six most traded contracts declining amid extreme caution among traders. These are the prices recorded at 10:30 a.m. Shanghai time (prices...
Steel Rebar Prices Rise in Northern Europe
Rebar prices in Northern Europe strengthened during the week ending Wednesday, August 14, despite generally subdued trading activity. The main upward pressure came from increased surcharges by two steel mills in the region, which justified the revision with a general...
Glencore Sets Its Focus on Argentina with the El Pachón and Agua Rica Projects
The recent regulatory changes in Argentina are reshaping the entire investment landscape in the mining sector. Gary Nagle, CEO of Glencore, emphasized how this new environment represents a key catalyst for attracting large foreign capital to the country. "Today's...