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Copper Market Balancing Between Geopolitics And Conflicting Fundamentals
After the surge in January that pushed prices to record levels, the copper market is now moving with extreme caution. Prices are fluctuating according to news related to the Iran crisis, in a context dominated by uncertainty and volatility. The closure of the Strait...
Strikes In New Zealand And Global Tensions In The Aluminium Market
The global aluminium market is facing a new phase of uncertainty, driven both by geopolitical tensions and internal industrial dynamics. In New Zealand, the Tiwai Point smelter, operated by Rio Tinto, has been hit by a series of strikes, adding further pressure to an...
Aluminium Scrap In Asia: Prices Rise Amid Tight Supply And Uncertain Demand
The Asian aluminium scrap market experienced a week marked by contrasting dynamics. On one hand, prices in Southeast Asia recorded an increase, supported by increasingly intense competition for limited supply; on the other, secondary aluminium alloy ingot ADC12 prices...
US-Turkey Trade: Scrap Prices Reach Annual Highs
The global ferrous scrap market marked a new turning point with the conclusion of two major sales from the United States to Turkey. Export prices from the US East Coast reached the highest levels of the year, signaling further strengthening in the international...