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Base Metals Mixed on the SHFE: Zinc Leads Declines, Lead and Nickel Doing Well
During morning trading on Monday, August 4th, base metal prices on the Shanghai Futures Exchange (SHFE) showed divergent directions, with zinc declining sharply, while lead, nickel, and tin posted positive gains. The session reflected a still uncertain market,...
New Recycling Plant in Arizona: Aluminum Dynamics Focuses on Secondary Copper to Supply the Southeast
Aluminum Dynamics, Inc. (ADI) has officially begun permitting for the construction of a new aluminum scrap smelting plant in Benson, Cochise County, southeastern Arizona. This industrial site has a clear goal: to supply recycled aluminum in the form of ingots to its...
Spot Alumina Prices Rise: Short-Term Arbitrage and Tension in the Asian Market
In the week ending Thursday, July 31, spot alumina prices of Chinese and Australian origin increased significantly, driven by a sudden surge in domestic prices in China. This movement generated a ripple effect that directly impacted the Western Australia FOB (Free On...
Copper TC/RC Rebounds for Fifth Week, But Market Fears Impact of El Teniente Mine Accident
Copper concentrate treatment and refining charges (TC/RC) continued their recovery for the fifth consecutive week, as the market closely monitors the potential repercussions of a serious, fatal accident at Codelco's El Teniente mine, the world's largest underground...