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LME Premium Movements: Two Weeks of Tensions, Price Increases, and Rising Inventories
Over the past two weeks, the London Metal Exchange warrant market has shown a lively and at times surprising trend, with premiums rising in several Asian and European regions. The update offers insights beyond the numbers: it depicts a market in transformation, often...
New Fire at Novelis Plant in Oswego: Growing Concern in the Automotive Industry
The Novelis plant in Oswego, New York, is back in the spotlight after a new fire broke out on Thursday, November 20. This is the second incident in just a few months, during the delicate reconstruction efforts following the September blaze that had already disrupted...
Metals Markets Decline at the SHFE as Expectations of a US Rate Cut Fade
Friday, November 21st, began with a more cautious atmosphere at the Shanghai Futures Exchange (ShFE), where most base metals recorded significant declines. Aluminum was the main driver of the decline, penalized by a wave of caution that swept across the markets...
Steel Rebar Rebound in Italy: A Market That Heats Up Again
The Italian steel rebar market is moving again, and it's doing so decisively. After weeks of timid but steady signals, the upward trend now appears to have found solid foundations. The most active operators confirm that the minimum price expected for December has...