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Copper: An Evolving Market Between Excess Supply and Fluctuating Demand
The global refined copper market is undergoing a period of remarkable transformation, with a surplus that quadrupled in the first half of 2024 compared to the same period last year. This is according to preliminary data published by the International Copper Study...
LME exchange closed for Summer Bank Holiday
Today, August 26, the LME exchange will be closed for the Summer Bank Holiday. Trading will resume as normal tomorrow, 27 August. You are unauthorized to view this...
Canadian Industry Alert: Chinese Overcapacity and the Threat to Steel, Aluminium and Electric Vehicles
In a joint statement, Catherine Cobden, President and CEO of the Canadian Steel Producers Association, and Jean Simard, President and CEO of the Aluminium Association of Canada, raised growing concerns about the impact of Chinese overcapacity on Canadian markets. The...
Gold Under Pressure: Prices Fall as Market Waits for US Interest Rate Indications
Today, Friday 9 August 2024, gold prices remained subdued, with the week characterised by an overall decline, as investors await further signals on the extent of a possible interest rate cut in the United States scheduled for September. At 10:36 a.m. Italy time, spot...