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Non-ferrous metals: prices fall as the dollar strengthens

Non-ferrous metals: prices fall as the dollar strengthens

Prices of most non-ferrous metals fell on Thursday, weighed down by a strong dollar that makes dollar-priced metals more expensive for holders of other currencies, while copper and lead came under pressure from rising inventories. Three-month copper on the London...
Latin American steel producers call for extension of CBAM deadlines

Latin American steel producers call for extension of CBAM deadlines

Latin American steel producers are demanding an extension of the deadlines for joining the European Commission's Carbon Border Adjustment Mechanism (CBAM). According to the statement issued by the Latin American Steel Association (Alacero), members of the associations...
Copper: Price moves in a narrow range ahead of Fed rate decision

Copper: Price moves in a narrow range ahead of Fed rate decision

Copper prices moved in a narrow range on Wednesday amid caution ahead of the US Federal Reserve's interest rate decision, expected later in the day, while rising stocks limited any strong gains. Three-month copper on the London Metal Exchange (LME) was steady at...
Aurubis further reduces annual forecast after metal theft

Aurubis further reduces annual forecast after metal theft

Aurubis has further reduced its annual profit forecast after counting damages related to the suspected metal theft, Europe’s largest copper producer said on Tuesday. It now expects an annual profit before tax (EBT) of 310-350 million euros ($331-374 million),...