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Copper And Zinc Premiums In The United States: Copper Moves On Tariffs, Zinc Remains Waiting
The US market for physical premiums on copper and zinc went through a week shortened by the Memorial Day holiday, with reduced volumes and part of the operators absent between Friday May 22 and Monday May 25. Despite less intense activity, copper showed an upward...
Global Steel Production Falling: The Middle East Leads The Slowdown Between War, Interrupted Supply Chains And Rising Prices
Global crude steel production recorded a new retreat in April 2026, confirming a slowdown phase that crosses much of global steelmaking. According to data from the World Steel Association, total production of the 69 monitored countries was 153.4 million tonnes, down...
Tenaris Strengthens in Canada: Over $300 Million Canadian to Modernize OCTG in Ontario
Tenaris S.A., producer of OCTG pipes based in Luxembourg, announced an investment of more than 300 million Canadian dollars to modernize its steel plant in Sault Ste. Marie, Ontario, with the objective of strengthening its position in the Canadian energy sector and...
European Aluminium Premium In A Phase Of Weakness: Backwardation Pushes Destocking In Rotterdam
The European P1020A duty-paid aluminium premium in Rotterdam has started to show the first signs of weakening, in a market increasingly conditioned by backwardation on the London Metal Exchange. The differential between cash and three months is incentivizing operators...