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Copper in China: An Evolving Market amid Concentrate Shortages and Record Prices
Copper scrap imports to China are increasing due to a shortage of concentrate, which is processed into refined metal used in the power and construction industries. However, record copper prices (although currently retracing) are likely leading to a halt in shipments...
Aluminium Premiums Boom in Japan: Record in Third Quarter
The aluminum market in Japan is buzzing. The latest premium bid for aluminum shipments in the third quarter exceeded all expectations, marking a significant increase over the previous quarter. Premiums Skyrocketing According to a June 18 report, global aluminum...
Aluminum Market in China: Between Highs and Lows of Stocks
According to recent data from the Shanghai Metals Market, aluminum billet stocks in China have fluctuated significantly. As of June 13, 2024, these stocks stood at 162,800 tons, marking a decline of 3,600 tons from the previous week. However, compared to the same...
Zimbabwe Targets Aluminium Production to Strengthen Industrial Metal Supply
In a strategic move aimed at meeting growing industrial demand, the Zimbabwean government has announced an ambitious plan to boost light metal production by focusing on aluminium. The aim is to position Zimbabwe as a key player in the global market for aluminium, a...