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Aluminium Scrap In India, Buying Slows Amid Falling Local Prices And Pressure On Margins
Indian aluminium scrap buying slowed in the week ended Wednesday July 22, held back by the recent decline in domestic market prices and less dynamic end demand. The reduction in local tense scrap quotations lowered importers’ urgency to book new cargoes, while...
Asian Aluminium Premiums Remain Stable, But Lower Inventories And Geopolitical Risks Support The Market
Primary aluminium premiums in Asia remained mostly stable in the week ended Thursday July 23, in a market characterized by limited spot liquidity and still-constrained physical metal availability. The absence of intense negotiating activity prevented significant...
Teck Resources Triples Ebitda And Confirms Copper And Zinc Targets
Teck Resources closed the second quarter with economic and operational results that improved sharply compared with the same period of the previous year, supported by higher commodity prices, growth in copper production and a recovery in the profitability of smelting...
Base Metals Fall In Shanghai, With Tin Leading The Losses
Base metals listed on the Shanghai Futures Exchange recorded a broad decline during morning trading on Friday July 24, penalized by the strengthening of the US dollar and a more cautious attitude among market participants. Tin suffered the sharpest fall, losing 1.91%...