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Aluminium Billet Premiums Ease In Germany And Italy As Imports Pressure Spain
European 6063 extrusion billet premiums declined in Germany and Italy in the week to Friday September 25. Market participants described weak demand, more ample stocks and customers reluctant to make long-term commitments. Greater import availability is adding pressure...
Indian Rupee: Dollar Inflows Have Not Removed Exchange-Rate Pressure
The Indian rupee remains close to 96 per US dollar despite substantial foreign-currency inflows associated with Reserve Bank of India (RBI) measures. A recent Bank of Baroda analysis places USD/INR in a 94.50–96.00 near-term range, but its upper boundary is...
Copper Concentrates: TCs Turn More Negative As Chinese Smelters Change Buying Strategy
Spot copper concentrates trading slowed in the week to Friday September 25 ahead of China’s holidays. Lighter activity did not stop treatment charges from falling: the cif Asia Pacific index moved from minus $263.80 to minus $267.40 per tonne. At the same time, some...
Zinc: Nyrstar Reviews Budel’s Future As Negative TCs And Energy Costs Squeeze Margins
Nyrstar launched a strategic review of its Budel zinc smelter in the Netherlands on September 24. The plant continues to operate during the review, which is expected to conclude by the end of 2026. For the European market, the announcement therefore points to a risk...