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Zinc prices soaring: tightening supply and future risks to global market
In recent days, LME zinc spot prices have outpaced those of longer-dated futures contracts on the London Metal Exchange (LME), signaling a particularly tense market situation. Large buyers are accumulating futures positions, while a series of disruptions in mining...
The Growth of Global Stainless Steel Production in 2024: Trends and Implications
In the global metals context, stainless steel is a crucial component for many industries due to its corrosion resistance, durability and versatility in numerous sectors, from construction to medical equipment manufacturing. Preliminary figures released by the...
Growth Potential of Demand in the Coils Sector: Analysis by Assofermet
Recently, the coil market has shown signs of a potential recovery in demand, thanks to a recent price increase, as reported in the latest market note from the Italian association Assofermet. Although expectations do not expect a recovery in consumption until early...
Gold and Silver at Historic Highs: Price Growth Driven by Geopolitical Uncertainties and US Elections
The price of gold reached a new all-time high, surpassing $2,748.36 an ounce, driven by uncertainty related to the approaching US presidential election and conflicts in the Middle East. Investors are flocking to the gold market, long considered a safe haven asset in...