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Ega Selects Oklahoma For Its New US Primary Aluminum Plant
Emirates Global Aluminum (EGA), the UAE’s largest industrial producer outside of the oil sector, announced on Friday, May 16, that it will build the first primary aluminum production plant in the United States in more than four decades. The site is located in Inola,...
Nonferrous Metals See Divergent Trends at SHFE: Copper Down, Tin, Lead Steady
The morning session on Monday, May 19 on the Shanghai Futures Exchange (SHFE) showed mixed trends for base metals. Copper led the decline among major industrial commodities, while tin and lead were slightly up. Here are the prices of the most traded contracts (at...
European flat steel prices stable: producers defend current levels
In the week ending Wednesday 14 May, prices for downstream flat steel products, in particular cold-rolled (CRC) and hot-dip galvanized coil (HDG), remained mostly stable in European markets, with local producers oriented to maintain current levels rather than...
Spot Tin Market in Asia: Uncertainty and Expectations Hold Back Liquidity
The Asian spot tin market showed signs of slowing down in the week ending Friday, May 16, with little trading activity and traders adopting a wait-and-see strategy, according to market participants. This lull was reflected in the stability of spot premiums: The...