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Aluminum Billet Premiums: Pressure in Europe, Openings in Brazil
The European aluminum billet market experienced a challenging September, marked by declining premiums and increasingly aggressive competition from offshore markets. Local producers, already struggling with high production costs and reduced margins, are now forced to...
Spot Activity Still Limited in the Asian Copper Concentrate Market
Spot trading activity in the Asian copper concentrate market remained sluggish during the week ending Friday, September 19. Traders reported that concerns about Freeport's operations at the Grasberg mine in Indonesia continue to influence sentiment, especially ahead...
Mixed Movement in Base Metal Prices on the SHFE
During the morning session on Monday, September 22, base metal prices traded on the Shanghai Futures Exchange (SHFE) showed mixed trends. Market participants remained cautious as they awaited further signals from the United States, particularly inflation data and...
Indian Aluminum Scrap Market: Cautious Buying and Prices Under Pressure
The Indian aluminum scrap market remained cautious in the week ending Wednesday, September 17, with trading activity subdued and buyers reluctant to commit to new bookings. According to market sources contacted by Commodity Evolution, only small volumes were traded...