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European Secondary Aluminium, Wider Prices Between Expensive Scrap And Weak Automotive Demand
The European secondary aluminium market is widening its price range, caught between rising procurement costs and still-uneven industrial demand. Higher costs for some scrap supplies and greater interest from Asian buyers support the upper levels, while automotive...
Metals In Shanghai, Zinc Leads Gains Amid Restocking And Pressure On Smelters
Zinc opens the week leading gains on the Shanghai Futures Exchange, supported by buying ahead of the Chinese holidays and difficulties in concentrate procurement. On the morning of Monday September 21, however, the base metals picture remains mixed: copper, lead and...
Aluminium, Asian Premiums Under Pressure: Japanese Inventories Rebound And Buying Remains Weak
Aluminium premiums in Asia are being affected by weak buying and bearish market sentiment. In the week ended September 16, spot activity remained subdued, while recovering inventories at Japan’s main ports eased perceptions of metal scarcity. The picture differs...
Tungsten, Almonty And Sandvik Turn To Spanish Mining Waste To Reduce Dependence On China
Tungsten remaining in the tailings of a shuttered Spanish mine is returning to the centre of Europe’s critical raw materials strategy. Almonty Industries has reached a long-term agreement to supply Sweden’s Sandvik group with metal recovered from processing waste at...