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Copper and Aluminum: The Most Promising Commodities for the Next Six Months.
Market participants are optimistic about growing global demand for copper and aluminum over the next six months. This is according to a survey conducted by the London Metal Exchange (LME) ahead of the LME Mumbai Forum, which saw heated debate on the future prospects...
Australia Aims for Historic Record in Aluminum Exports
Australia is preparing to reach an extraordinary milestone in aluminum exports, which now represent the country's fourth largest export category, after iron, coal, and natural gas. According to data from the International Trade Administration, in the first eleven...
Cobalt Prices at Lowest Since 2019: Excess Production Weighs on Market
Cobalt prices hit their lowest level since 2019, dragged down by record production that continues to depress the value of this key battery material. On Jan. 23, 2025, Cobalt 99.80 percent-Europe prices stood at €23,220/mt, down 264 percent from the highs recorded in...
Record Increase in Steel Imports to the European Union: +12% in the First Days of 2025
Steel imports to the European Union (EU) increased by an average of more than 12 percent year-on-year in the first ten days of the first quarter of 2025. As of January 13, the total volume of steel imports transacted under the Tariff Rate Quotas reached 2.2 million...