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Copper Leads The SHFE Base Metals Rally Amid Supply Tensions And New Geopolitical Risks
Base metals markets listed on the Shanghai Futures Exchange (SHFE) opened the week with a mostly bullish tone, supported by new tensions on global supply, geopolitical expectations and growing attention toward the security of strategic raw materials. During morning...
The Bauxite Market Watches Guinea While China Keeps Prices Stable
The international bauxite market continues closely watching the situation in Guinea, while Asian operators try to understand what the real impact of potential export restrictions announced by the African government could be. Despite numerous rumors regarding a...
The UK Secondary Aluminium Market Remains Under Pressure Amid Scrap Shortages And Rising Prices
The UK secondary aluminium market continues to show strong resilience, supported by a persistent shortage of scrap both in the United Kingdom and continental Europe, while ingot producers face growing difficulties in securing available material. During the week ending...
Freeport Delays The Full Return Of Grasberg And The Copper Market Remains Under Pressure
The return to full operations of the gigantic Grasberg mine, one of the most important mining assets in the world for copper and gold, will require much more time than expected. PT Freeport Indonesia has in fact confirmed a new delay in the complete production...