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Copper Concentrates: Treatment Charges At Minus $219, Aggressive Traders, And Delays From Chile
The international copper concentrate market recorded a further deterioration in the week ending Friday, August 21, with treatment charges and refining charges falling deeper into negative territory. Competition among traders to secure prompt cargoes, persistent buying...
Cobalt: Hydroxide Falls 16.28% In China As Supplies From Congo Increase
China’s cobalt hydroxide market recorded a sharp correction on Friday, August 21, interrupting a prolonged stalemate between sellers reluctant to grant discounts and buyers unwilling to accept high prices. The arrival of new cargoes from the Democratic Republic of...
US Aluminium: Scrap Awaits Canadian Tariffs, Secondary Alloys At Record Highs
The US aluminium market is experiencing a period of significant uncertainty, with scrap market participants slowing or suspending negotiations following reports of a possible reduction in tariffs applied to Canadian metal. In the week ending Thursday, August 20, most...
Molybdenum At Its Highest Since 2023: Reduced Mine Supply And Steel Demand Support The Rally
The international molybdenum market continues to strengthen, with Asian oxide quotations repeatedly returning to their highest levels since early 2023. The increase is supported by reduced concentrate availability, production disruptions in some Chinese mining areas,...