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Futures Market: An analysis of the latest trends in aluminum contracts
The primary aluminum futures market has seen significant movements in the past 24 hours. Overnight, the SHFE aluminum 2504 contract opened at RMB 20,880 per ton, touching a high of RMB 20,910 and a low of RMB 20,810, and then closed at RMB 20,830 per ton, marking an...
European Union Reviews Safeguard Measures on Steel: Impacts and Market Reactions
The European Union (EU) has announced a series of proposed changes to its steel safeguard measures, as detailed in a notification released March 10. These adjustments are the European Commission's response to the growing difficulties of the European steel sector,...
LME Copper in Acceleration Phase: Prices in Area $9,742/mt.
Since early February, the 3-month LME copper price has shown a phase of marked acceleration, which continues today, with quotations now close to an important technical zone, the recent highs at $9,740/mt. Comex copper prices have maintained a strong bullish trend,...
Trump and the New Wave of Duties: Impact on Trade and Logistics
After a month of postponement, President Donald Trump has introduced a 25 percent tariff on all imports from Mexico and Canada into the United States, along with an additional 10 percent increase on Chinese goods. However, the Commerce Secretary said ongoing...