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Merger Talks End: Glencore Shares Slide
The end of talks between Glencore and Rio Tinto had an immediate and sharp impact on financial markets, abruptly putting an end to weeks of speculation over a potential merger that would have created one of the world’s largest mining groups. On Thursday February 5,...
Mixed Movements For Base Metals On The SHFE
Prices of base metals traded on the Shanghai Futures Exchange showed mixed movements during morning trading on Friday February 6, reflecting a market still lacking clear direction and heavily influenced by the macroeconomic and seasonal backdrop. Among the main...
UK Secondary Aluminium Market: Prices Hold In A Complex Environment
The UK market for secondary aluminium ingots and scrap maintained an overall firm tone in the week to Wednesday February 4, supported by extremely tight scrap availability and still-robust export demand. Despite this supportive backdrop, sentiment showed signs of...
Between Cbam And Safeguards: A Market Under Strain
The Cbam, intertwined with the Safeguard measures approaching expiry, continues to generate a climate of strong uncertainty across the entire steel supply chain, from producers to distributors and importers. The topic is discussed constantly, but without clear...