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Italian Steel, The Weak Summer Shifts Expectations To The Fourth Quarter
The Italian steel tube and ingot market is approaching the August break with a still-fragile balance. June and July delivered demand below expectations, high inventories along the supply chain and widespread caution in purchasing, but the first restocking movements...
Glencore Accelerates Copper And Reduces Cobalt Under Congolese Quota Constraints
Glencore sharply increased copper production in the first six months of 2026, while almost halving its own-sourced cobalt output, turning the Democratic Republic of Congo’s export quota system into a precise industrial choice. At the African sites of KCC and Mutanda,...
Base Metals: Falling Stocks Support Copper, Lead And Tin While Nickel Remains Abundant
Base metals warrant premiums showed divergent trends on Wednesday July 29, reflecting a physical market that is increasingly fragmented by geographic area, origin and material quality. Declining copper, lead and tin stocks contributed to tighter conditions in several...
Aluminium Scrap: India Cuts Bids As A Possible ADC12 Decline Restrains Purchases
Indian aluminium scrap importers reduced their buying proposals in the week ended Wednesday July 29, penalized by a still-uncertain demand outlook and an increasingly cautious attitude. International suppliers instead maintained generally firm offers, widening the...