SHFE Metals Recover, But Tin Gives Way: Elevated Prices, Weak Demand And More Cautious Buyers
Base metals listed on the Shanghai Futures Exchange showed a mostly positive trend during the morning of Friday June 5, with widespread gains for copper, aluminium, zinc and nickel. Moving against the trend were instead lead and especially tin, which recorded the...
Global Aluminium Premiums In Unstable Balance: Europe Correcting, Asia Supported By MJP And Backwardation Increasingly Extreme
The global market for P1020A aluminium premiums is going through a phase of strong complexity, in which Europe and Asia are moving with dynamics that are only apparently divergent. In Europe, premiums showed a correction in the week to Tuesday June 2, while in Asia...
UK Secondary Aluminium Under Tension: Scrap Scarce, Strong Demand And Ingot Prices Rising
The UK secondary aluminium market remained strongly supported in the week ended Wednesday June 3, with an increasingly tight balance between limited scrap availability, lively domestic demand and still elevated production costs. Market sources describe a context in...
Strategic Graphite: Europe, United States And Canada Drive Demand For Critical Minerals Outside China
Natural graphite is returning to the center of global industrial competition. New critical raw materials policies in Europe, the United States and Canada are strengthening demand for strategic minerals for batteries, defense, advanced industry and the energy...
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