Italian Scrap, Increases Lose Momentum: October Moves Towards Stability
The Italian ferrous scrap market appears to have exhausted its initial upward momentum in October. Following average increases of between €5 and €10 per tonne, with peaks of €15 in some negotiations, operators’ expectations are focusing on a phase of substantial...
Cobalt, The Return From Golden Week Fails To Revive Demand: Prices Under Pressure Between China And Europe
The resumption of activity after Golden Week has not brought the recovery expected by China’s cobalt market. Purchases remain cautious, spot trading is limited and weak battery demand continues to weigh on prices, while the growing availability of recycled material...
Alumina, A Supported Pacific And China Under Pressure: Demand And New Capacity Divide The Market
The alumina market shows two distinct trends in the week ended October 9: in the Pacific, trading remains active and prices find support from demand and supply difficulties, while in China the arrival of new production capacity continues to weigh on expectations. The...
Copper, The United States Accumulates A Million Tonnes: The Tariff Premium Attracts Metal
The United States has accumulated one of the world’s largest concentrations of copper without formally rebuilding a public reserve. The market has driven the inflow: the prospect of tariffs on refined metal has supported the premium of American quotations over London,...
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