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Water Supply Disruption Halts Mantoverde Operations, Adding Fresh Tensions To Copper Supply
Copper sulphide operations at the Mantoverde mine in Chile have been temporarily suspended after water supply to the site was interrupted, adding fresh uncertainty to the global copper supply outlook in a market already marked by significant strain. The company noted...
Steel Beam Prices Surge In Europe Amid CBAM, Rising Scrap Costs And More Aggressive Supply
Steel beam prices in Europe recorded a sharp increase in the month ended January 21, marking a clear reversal from the weak pricing and sentiment seen in December, when both prices and market confidence had softened. The rebound was supported by a combination of...
Rising Premiums For Imported Aluminum Billet In Brazil Amid Global Pressures And Higher Freight Costs
The premium for imported aluminum billet in Brazil recorded a further upward widening over the two weeks ended January 23, reflecting a combination of international factors that are progressively reshaping the market balance. According to market participants, the...
Asian Ferrous Scrap Markets Between Tight Supply, Currency Moves And Increasingly Selective Buying
Asian ferrous scrap markets have shown diverging dynamics but share one central element: limited material availability, which continues to support prices despite often challenging macroeconomic and currency conditions. In India, scrap import prices remained largely...