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Aluminium – Short Term Insights
After reaching the top at 1872$/ton (first target estimated earlier) the #aluminium prices show a settling phase. If the prices do not rise immediately, it will be possible to see the continuation of the current sideways short-term between 1872$/ton and the first...
Turkish imported scrap prices increase further in recent agreements
The offers of scrap imported from Turkey have further strengthened this week on an increasing number of requests for freight shipments. Turkish buyers are willing to pay a higher price for imported scrap to replenish their stocks as the finished steel market is...
Copper flies thanks to Chinese impulse
Copper has reached $7,000 per ton at the London Metal Exchange, having risen about 60% since the end of March. Industrial metal is trading at levels never seen since 2018, despite a wave of coronavirus infections in Europe and beyond, stocks are rising from recent...
Overview Market Close – October 22, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,363.66 +152.84 +0.54% S&P 500 INDEX 3,453.49 +17.93 +0.52% NASDAQ COMPOSITE 11,506.01 +21.31 +0.19% NYSE COMPOSITE INDEX 13,145.92 +105.79 +0.81% S&P/TSX COMPOSITE INDEX 16,279.36 +49.13 +0.30%...