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Metal Market Analysis and Outlook for the Automotive Sector
The automotive sector remained stable on a monthly basis. Global steel demand remains weak, limiting bullish sentiment for hot-dip galvanised steel. At the same time, prices of other metals, including copper, also declined after their bullish speculation cooled in...
Aurubis: The Disappointment of Quarterly Results and Future Challenges
On Monday, shares of Aurubis, Europe's largest copper producer, fell significantly, posting a maximum loss of 8.8 per cent. This decline followed the publication of third quarter results, which fell short of analysts' expectations. Despite a five-fold increase in...
The Aluminium Industry in Iran: A Significant Achievement in Ingot Production
In the first quarter of the current Iranian calendar year, which began on 20 March, Iran produced over 169 k tonnes of aluminium ingots. This significant milestone was reported by the Iran Mining Industries Development and Restructuring Organisation (IMIDRO)....
Metal Scrap and Rebar Futures Market: Weekly Dynamics and Future Prospects
During the week, trading volumes for scrap and rebar futures contracts on the London Metal Exchange (LME), which settle on the basis of Platts' assessments, showed a decline. This decrease in trading volumes reflects a general weakening of trading activity for these...