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European Aluminium Billet Premiums Fall: Weak Demand Squeezes Remelters’ Margins
The European market for aluminium extrusion billets is entering the second half of October with declining physical premiums, but without an equivalent reduction in industrial costs.In Italy and Spain, premiums for 6063 alloy have lost ground, while Germany has shown...
Russian Oil, Trump Suspends New Tariffs: India And China Gain Relief, But The Energy Balance Remains Fragile
The White House has waived the implementation of new sanctions against buyers of Russian energy, avoiding for now additional tariffs of up to 100% on major trading partners. India and China gain greater freedom in procurement, while Washington seeks to contain...
Copper Under Pressure: Extreme Weather Hits Anglo American’s Mines And Complicates Chile’s Outlook
Exceptional rainfall, floods, snowstorms and severe weather are testing major mining operations worldwide. Anglo American still believes its 2026 production targets are achievable, but the operational contingency accumulated during the year has been almost entirely...
Industrial Metals Rise In Shanghai: Nickel Leads The Recovery, But Demand Remains Weak
Non-ferrous metals opened the week of October 19, 2026, mostly higher on the Shanghai Futures Exchange (SHFE), with nickel leading the recovery, up 1.45% after losses in the previous week. Copper, aluminium, zinc and tin posted smaller gains, while lead moved in the...