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Steel: imports from Italy to non-EU countries fall in January-March
In the January-March period this year, steel imports from Italy to non-EU countries decreased, while exports increased, according to data released by Italian steel producers' association Federacciai. Specifically, Italy imported around 2.19 million tonnes from non-EU...
Zinc: price could touch $2,000 by 2025 due to rising surpluses
According to CRU Group, zinc prices are expected to trend downwards until 2025, as weak demand growth has failed to offset rising production. Demand for zinc will be relatively weak in the coming years, while mining and production of refined zinc will continue to...
Copper: the metal is set to suffer its fifth week of losses due to the strong dollar
Copper prices in London rebounded on Friday, but headed for a fifth consecutive weekly decline as the US dollar remained strong near two-month highs and traders priced in further interest rate hikes this year following promising US debt ceiling talks. Three-month...
Aluminium: Trafigura cancels LME warrants for a total of 132,000 tonnes of metal
Commodities trader Trafigura has recently cancelled warrants (documents of title) for a total of over 132.000 tonnes of aluminium at the LME warehouses in Port Klang, Malaysia, more than 20% of the available LME stock. The cancellation of the warrants indicates the...